Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $6.94, but opened at $7.26. Hemnet Group shares last traded at $7.24, with a volume of 5,000 shares trading hands.
Analyst Ratings Changes
Separately, Nordea Equity Research upgraded shares of Hemnet Group to a “buy” rating in a report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Hemnet Group has a consensus rating of “Reduce”.
View Our Latest Report on HMNTY
Hemnet Group Price Performance
The stock’s fifty day moving average is $8.28 and its two-hundred day moving average is $9.56.
Hemnet Group Company Profile
Hemnet Group AB operates Hemnet, Sweden’s leading online property platform. The company provides a marketplace where consumers can search for homes and real estate opportunities, including properties for sale and other housing-related listings.
Hemnet’s platform connects homebuyers and sellers with real estate agents and supports agents in marketing residential properties. Its services include property listings, search and discovery tools, market information, and digital advertising and promotional products designed to increase the visibility of properties.
Founded in 1998, Hemnet primarily serves the Swedish residential real estate market.
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