Hemnet Group (OTCMKTS:HMNTY) Sees Unusually-High Trading Volume – Should You Buy?

Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTYGet Free Report) saw unusually-high trading volume on Friday . Approximately 8,060 shares changed hands during trading, an increase of 138% from the previous session’s volume of 3,389 shares.The stock last traded at $25.20 and had previously closed at $24.01.

Wall Street Analysts Forecast Growth

Separately, Cantor Fitzgerald raised Hemnet Group to a “hold” rating in a research note on Wednesday, September 17th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on Hemnet Group

Hemnet Group Stock Down 4.4%

The firm has a 50 day moving average of $25.97 and a two-hundred day moving average of $29.77.

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.

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