Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY – Get Free Report) gapped down before the market opened 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 Analysts Forecast Growth
Separately, Nordea Equity Research raised shares of Hemnet Group to a “buy” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.
Get Our Latest Stock Report on HMNTY
Hemnet Group Stock Down 13.9%
The stock has a 50 day moving average of $7.26 and a two-hundred day moving average of $10.20.
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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