27.7 C
New York
Tuesday, August 16, 2022

E-Home Household Service Holdings Ltd. (EJH) Stock Exhibits Minor Volatility Following Acquisition of Sijie Cleaning

E-Home Household Service Holdings Ltd. (EJH) stock prices were down by 3.14% as of the market closing on September 22nd, 2021. This brought the price per share down to USD$2.78 at the end of the trading day. Subsequent premarket fluctuations have seen the stock rise by 4.32%, bringing it up to USD$2.90.

EJH Stock Acquires Sijie

September 22nd, 2021 saw EJH stock enter into an equity transfer agreement to acquire a 51% equity interest of Sijie Cleaning. The transaction will be conducted all in cash, marking a significant step of E-Home expanding its household cleaning business to public places cleaning market. This development is designed to improve the company’s cleaning business service capacities and scopes.


Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .

Sponsored


Synergistic Collaboration

The collaboration with Sijie Cleaning will facilitate the acceleration of the partnering company’s development of its one stop high end cleaning service business. This, in turn, will facilitate the gaining of more market shares with the strong support of EJH stock’s brand reputation and investment. The partnering companies share a common goal with a focus on their clients via a long-range and multidimensional growth strategy.

Scope of EJH Stock’s Partnership

EJH stock’s partnership with Sijie Cleaning will allow the company to comprehensively integrate its advantageous resources. These resources include nanny, maternity matron, housekeeping, and other household services personnel. With his, the company hopes to achieve the interoperability of household and public spaces cleaning, service personnel, and service capacities. With such a consolidated business model, the company will be able to meet the ever-evolving needs of the combined company’s clients. The acquisition serves to further implement the company’s expansion strategy while strengthening the company’s competitiveness in the market.

About Sijie Cleaning

Sijie Cleaning is an integrated and professional cleaning company that facilitates the provision of one-stop high-end cleaning services. Its main engagements include the provision of cleaning services, environmental testing, formaldehyde treatment, and indoor and outdoor wall cleaning. The partnering company has serviced many renowned public places, of which Fuzhou Lakeside Hotel is the first high end on site cleaning project. The cooperation term of this contract is ten years, providing tenured and consistent revenue generation.

Future Outlook for EJH Stock

The company is keen to capitalize on the expanded scope of opportunities presented to it as a result of its most recent partnership. EJH stock is setting the stage to ensure unprecedented growth over the second half of 2021. Current and potential investors are hopeful that management will be able to leverage the resources at its disposal. This is hoped to facilitate significant and sustained increases in shareholder value.

Latest news

Related news

LEAVE A REPLY

Please enter your comment!
Please enter your name here

2887

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

DOWNLOAD FREE EBOOK

BEST INFLATION STOCKS 2022

We put together a list of the best stocks that

we think can explode over the next 12 months.

2888

SPECIAL GIFT

2889
2890
2891

  What you will Get ?

   Best Inflation

   Stocks eBook

        Hot Stocks Alert

     before the opening

                  bell

        Special Offer

      and reports from 

        our partners

100% free. stop anytime no spam

GET YOUR FREE COPY NOW

DOWNLOAD FREE EBOOK

BEST GROWTH STOCKS 2022

We put together a list of the best stocks that we

think can explode over the next 12 months.

2899

SPECIAL GIFT

2900
2901
2902

  What you will Get ?

   Best Growth

   Stocks eBook

        Hot Stocks Alert

     before the opening

                  bell

        Special Offer

      and reports from 

        our partners

2903

100% free. stop anytime no spam

GET YOUR FREE COPY NOW

2915

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.

2839

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam