Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY – Get Free Report)’s stock price gapped down prior to trading on Friday. The stock had previously closed at $7.71, but opened at $6.58. Hemnet Group shares last traded at $6.58, with a volume of 300 shares trading hands.
Wall Street Analyst Weigh In
Separately, Nordea Equity Research upgraded shares of Hemnet Group to a “buy” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Hemnet Group presently has a consensus rating of “Reduce”.
Check Out Our Latest Stock Report on HMNTY
Hemnet Group Price Performance
The business’s fifty day moving average price is $7.33 and its 200 day moving average price is $10.25.
Hemnet Group Company Profile
Hemnet Group operates Hemnet, a Swedish online property marketplace that helps people search for homes for sale and connects homebuyers and sellers with real estate agents. The platform features residential property listings across Sweden. Hemnet also provides services related to advertising and promoting property listings, along with tools and information for consumers and real estate professionals. The company was founded in 1998 and focuses primarily on the Swedish housing market.
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