TeamViewer (OTCMKTS:TMVWY) Shares Down 5.2% – Here’s Why

TeamViewer SE (OTCMKTS:TMVWY – Get Free Report)’s stock price was down 5.2% on Monday. The stock traded as low as $2.72 and last traded at $2.72. Approximately 432 shares traded hands during trading, a decline of 87% from the average daily volume of 3,239 shares. The stock had previously closed at $2.87.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of TeamViewer in a report on Wednesday, July 29th. Three analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on TeamViewer

TeamViewer Trading Down 1.4%

The firm has a fifty day simple moving average of $3.78 and a 200 day simple moving average of $3.24.

TeamViewer Company Profile

(Get Free Report)

TeamViewer SE is a German software company that provides remote connectivity and digital workplace solutions. Its platform enables users to remotely access, control and support computers, mobile devices and other connected equipment. The company serves businesses of various sizes as well as individual users.

TeamViewer’s product portfolio includes remote IT support, remote access, device monitoring and management, and enterprise solutions designed to help organizations manage distributed workforces and technology environments.

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