Ohmyhome Shares Scheduled to Reverse Split on Monday, August 31st (NASDAQ:OMH)

Ohmyhome Limited (NASDAQ:OMH)’s stock is set to reverse split before the market opens on Monday, August 31st. The 1-50 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, August 30th.

Ohmyhome Price Performance

OMH traded down $0.02 during midday trading on Thursday, hitting $0.08. 28,014,176 shares of the company’s stock traded hands, compared to its average volume of 13,234,655. The stock’s fifty day simple moving average is $0.31 and its 200-day simple moving average is $0.80. Ohmyhome has a one year low of $0.07 and a one year high of $2.19.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Ohmyhome in a report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Ohmyhome Company Profile

Ohmyhome (NASDAQ: OMH) is a Singapore-based property technology company offering an integrated online platform for residential real estate transactions. The company’s core business focuses on simplifying the home-buying, selling and renting process through a combination of digital tools and professional agent support. Its platform features end-to-end solutions that guide users from property search and valuation to mortgage facilitation and post-sale services such as renovation and furnishing.

Through its website and mobile application, Ohmyhome connects homeowners, buyers and tenants with a network of licensed agents who provide personalized advisory services.