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

Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTYGet Free Report)’s share price 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 traded.

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, According to MarketBeat.com, Hemnet Group has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on HMNTY

Hemnet Group Trading Down 2.7%

The company’s fifty day moving average price is $20.41 and its 200-day moving average price is $25.43.

About Hemnet Group

(Get Free Report)

Hemnet Group AB (OTCMKTS: HMNTY) is a leading digital real estate marketplace based in Stockholm, Sweden. The company operates Sweden’s largest property portal, offering homebuyers, sellers and real estate agents a centralized platform for residential property listings. Through its website and mobile applications, Hemnet facilitates the search for homes for sale and rent, providing detailed property descriptions, high-resolution images and interactive maps to help users make informed decisions.

Since its founding in 1998, Hemnet has expanded its services beyond basic listings to include market analysis tools, pricing estimates and trend reports that offer insights into regional property values and sales activity.

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