Shares of TeamViewer SE (OTCMKTS:TMVWY – Get Free Report) dropped 6.2% on Wednesday . The company traded as low as $3.18 and last traded at $3.20. Approximately 1,149 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 4,419 shares. The stock had previously closed at $3.41.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group restated a “neutral” rating on shares of TeamViewer in a report on Tuesday, February 24th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, TeamViewer currently has an average rating of “Hold”.
Check Out Our Latest Stock Report on TMVWY
TeamViewer Stock Down 0.2%
TeamViewer Company Profile
TeamViewer AG operates a global remote connectivity platform that enables secure access, support, control and collaboration across devices and locations. Its cloud-based software solutions allow businesses and individuals to remotely troubleshoot IT issues, manage devices, conduct online meetings and share files in real time. The platform’s modular architecture supports integrations with leading IT service management tools and provides an open API for custom workflows, making it a versatile choice for digital service delivery.
Founded in 2005 and headquartered in Göppingen, Germany, TeamViewer has expanded its footprint to serve customers in more than 180 countries.
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