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

by · The Cerbat Gem

Shares of Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $19.80, but opened at $18.4790. Hemnet Group shares last traded at $18.00, with a volume of 5,100 shares trading hands.

Analyst Upgrades and Downgrades

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

View Our Latest Analysis on HMNTY

Hemnet Group Stock Down 8.1%

The firm has a fifty day moving average price of $20.65 and a 200 day moving average price of $25.58.

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.

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