TeamViewer (OTCMKTS:TMVWY) Shares Gap Down – Time to Sell?

Shares of TeamViewer SE (OTCMKTS:TMVWY) gapped down before the market opened on Friday. The stock had previously closed at $3.95, but opened at $3.79. TeamViewer shares last traded at $3.79, with a volume of 108 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TMVWY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of TeamViewer in a research note on Wednesday, July 29th. Zacks Research raised shares of TeamViewer to a “hold” rating in a report on Thursday, July 2nd. Three equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

TeamViewer Trading Down 4.1%

The stock has a 50-day moving average price of $3.73 and a 200 day moving average price of $3.29.

About TeamViewer

TeamViewer SE is a Germany-based technology company that develops connectivity and remote-access solutions for businesses and consumers. Its software enables users to remotely access and control computers, mobile devices and other connected equipment, supporting remote IT assistance, troubleshooting, collaboration and device management.

The company’s offerings include TeamViewer Remote for secure remote connectivity and support, TeamViewer Tensor for enterprise environments, and solutions for remote monitoring and management, augmented-reality-assisted workflows and digital employee experience management.