TeamViewer (OTCMKTS:TMVWY) Shares Gap Down – Time to Sell?

TeamViewer SE (OTCMKTS:TMVWY)’s share price gapped down before the market opened on Monday. The stock had previously closed at $3.6050, but opened at $3.3775. TeamViewer shares last traded at $3.3775, with a volume of 201 shares trading hands.

Analysts Set New Price Targets

A number of research firms recently commented on TMVWY. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of TeamViewer in a report on Wednesday, July 29th. Zacks Research raised TeamViewer to a “hold” rating in a report on Thursday, July 2nd. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, TeamViewer currently has a consensus rating of “Hold”.

TeamViewer Stock Down 3.5%

The stock has a 50 day moving average of $3.64 and a 200-day moving average of $3.18.

TeamViewer Company Profile

TeamViewer SE is a Germany-based software company that provides secure remote connectivity and digital workplace solutions. Its platform enables users to access and control computers and other devices remotely, provide technical support, collaborate with colleagues, and manage IT environments from a distance.

The company’s offerings include TeamViewer Remote for remote access and support, enterprise-oriented solutions such as TeamViewer Tensor, and remote monitoring and management tools for IT departments and managed service providers.