TeamViewer (OTCMKTS:TMVWY) Sets New 52-Week High – What’s Next?

TeamViewer SE (OTCMKTS:TMVWY)’s stock price hit a new 52-week high during trading on Friday. The stock traded as high as $4.0850 and last traded at $4.0850, with a volume of 100 shares trading hands. The stock had previously closed at $3.9070.

Analysts Set New Price Targets

A number of equities analysts have commented on TMVWY shares. Zacks Research upgraded shares of TeamViewer to a “hold” rating in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of TeamViewer in a research report on Wednesday, July 29th. Three research analysts have rated the stock with a Hold rating. According to MarketBeat.com, the company currently has an average rating of “Hold”.

TeamViewer Stock Up 4.6%

The company has a fifty day moving average of $3.76 and a two-hundred day moving average of $3.34.

About TeamViewer

TeamViewer SE is a German software company that provides remote connectivity and digital workplace solutions. Its platform enables users to remotely access, control and support computers, mobile devices and other connected equipment. The company serves businesses of various sizes as well as individual users.

TeamViewer’s product portfolio includes remote IT support, remote access, device monitoring and management, and enterprise solutions designed to help organizations manage distributed workforces and technology environments.