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 Video: What is a Stock Split?
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| E-Home Household Service Holdings is a holding company. Through its subsidiaries, Co. is a household service company. Co. provides customers with home appliance services such as installation, repair, maintenance and other after sale services. Co. also sells accessories when they need to be replaced during the provision of its home appliance services. Co.'s housekeeping services include housecleaning, nanny and maternity matron. Co. is partnering with senior associations to develop an internet based at-home senior care service program. Co. develops a customizable smart wristwatch with functions such as time, blood pressure measurement, heart rate measurement, pedometer, locator, and calling. According to our E-Home Household Service Holdings stock split history records, E-Home Household Service Holdings has had 4 splits. | |
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E-Home Household Service Holdings (EJH) has 4 splits in our E-Home Household Service Holdings stock split history database. The first split for EJH took place on October 04, 2022. This was a 1 for 20 reverse split, meaning for each 20 shares of EJH owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 50 share position following the split. EJH's second split took place on April 13, 2023. This was a 1 for 10 reverse split, meaning for each 10 shares of EJH owned pre-split, the shareholder now owned 1 share. For example, a 50 share position pre-split, became a 5 share position following the split. EJH's third split took place on September 25, 2023. This was a 1 for 10 reverse split, meaning for each 10 shares of EJH owned pre-split, the shareholder now owned 1 share. For example, a 5 share position pre-split, became a 0.5 share position following the split. EJH's 4th split took place on February 14, 2024. This was a 1 for 5 reverse split, meaning for each 5 shares of EJH owned pre-split, the shareholder now owned 1 share. For example, a 0.5 share position pre-split, became a 0.1 share position following the split.
When a company such as E-Home Household Service Holdings conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the E-Home Household Service Holdings stock split history from start to finish, an original position size of 1000 shares would have turned into 0.1 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into E-Home Household Service Holdings shares, starting with a $10,000 purchase of EJH, presented on a split-history-adjusted basis factoring in the complete E-Home Household Service Holdings stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/17/2021 |
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| End date: |
05/06/2024 |
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| Start price/share: |
$412,000.00 |
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| End price/share: |
$0.45 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-100.00% |
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| Average Annual Total Return: |
-99.01% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$0.01 |
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| Years: |
2.97 |
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| Date |
Ratio |
| 10/04/2022 | 1 for 20 | | 04/13/2023 | 1 for 10 | | 09/25/2023 | 1 for 10 | | 02/14/2024 | 1 for 5 |
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