Hemnet Group (OTCMKTS:HMNTY) Shares Gap Up – What’s Next?

Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTYGet Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $16.50, but opened at $17.3455. Hemnet Group shares last traded at $17.3455, with a volume of 100 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research raised Hemnet Group to a “hold” rating in a report on Thursday, January 8th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, Hemnet Group presently has an average rating of “Hold”.

Check Out Our Latest Report on Hemnet Group

Hemnet Group Stock Performance

The business has a 50 day moving average price of $18.14 and a 200-day moving average price of $23.43.

Hemnet Group Company Profile

(Get Free Report)

Hemnet Group AB (OTCMKTS: HMNTY) is a leading digital real estate marketplace based in Stockholm, Sweden. The company operates Sweden’s largest property portal, offering homebuyers, sellers and real estate agents a centralized platform for residential property listings. Through its website and mobile applications, Hemnet facilitates the search for homes for sale and rent, providing detailed property descriptions, high-resolution images and interactive maps to help users make informed decisions.

Since its founding in 1998, Hemnet has expanded its services beyond basic listings to include market analysis tools, pricing estimates and trend reports that offer insights into regional property values and sales activity.

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