Shares of 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 traded.
Wall Street Analyst Weigh In
Separately, Nordea Equity Research upgraded shares of Hemnet Group to a “buy” rating in a research report on Tuesday, July 21st. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Hemnet Group currently has an average rating of “Reduce”.
Check Out Our Latest Research Report on Hemnet Group
Hemnet Group Trading Down 11.7%
The business has a fifty day moving average of $7.33 and a 200 day moving average of $10.25.
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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