Hemnet Group (OTCMKTS:HMNTY) Sets New 52-Week Low – What’s Next?

Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTYGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as $20.75 and last traded at $20.75, with a volume of 165 shares changing hands. The stock had previously closed at $21.61.

Wall Street Analysts Forecast Growth

Separately, Cantor Fitzgerald upgraded Hemnet Group to a “hold” rating in a research report on Wednesday, September 17th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Read Our Latest Analysis on Hemnet Group

Hemnet Group Stock Down 2.8%

The company has a fifty day simple moving average of $24.76 and a 200-day simple moving average of $28.48.

About Hemnet Group

(Get Free Report)

Hemnet Group AB (publ) operates a residential property platform in Sweden. Its platform gathers various property buyers, sellers, and real estate agents in one place. The company was founded in 1998 and is headquartered in Stockholm, Sweden.

Further Reading

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