Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY – Get Free Report) shares fell 10.3% on Friday. The company traded as low as $6.50 and last traded at $6.50. 101 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 1,633 shares. The stock had previously closed at $7.25.
Wall Street Analysts Forecast Growth
Separately, Nordea Equity Research raised Hemnet Group to a “buy” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.
Read Our Latest Report on Hemnet Group
Hemnet Group Stock Down 10.5%
About Hemnet Group
Hemnet Group AB operates Hemnet, Sweden’s leading online property marketplace. The platform connects people looking to buy, sell, or find homes with real estate agents and property advertisers. Users can search residential properties, view listing details and images, save searches, and receive updates on homes that match their preferences.
Hemnet provides real estate agencies and property sellers with digital marketing and listing services designed to promote homes to prospective buyers.
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