Hemnet Group (OTCMKTS:HMNTY) Shares Down 4.2% – What’s Next?

Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTYGet Free Report) shares dropped 4.2% during mid-day trading on Thursday . The stock traded as low as $16.9150 and last traded at $16.92. Approximately 951 shares were traded during trading, a decline of 79% from the average daily volume of 4,630 shares. The stock had previously closed at $17.6650.

Wall Street Analyst Weigh In

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

Check Out Our Latest Report on HMNTY

Hemnet Group Stock Performance

The business’s 50 day moving average is $21.90 and its 200 day moving average is $26.58.

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.

Read More

Receive News & Ratings for Hemnet Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hemnet Group and related companies with MarketBeat.com's FREE daily email newsletter.