Hemnet Group (OTCMKTS:HMNTY) Shares Gap Up – Here’s Why

Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY) gapped up prior to trading on Monday . The stock had previously closed at $17.70, but opened at $19.00. Hemnet Group shares last traded at $18.40, with a volume of 875 shares traded.

Analyst Ratings Changes

Separately, Cantor Fitzgerald raised Hemnet Group to a “hold” rating in a research report on Wednesday, September 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Hemnet Group Price Performance

The stock’s fifty day moving average is $20.41 and its 200 day moving average is $25.35.

Hemnet Group Company Profile

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.