TeamViewer (OTCMKTS:TMVWY) Reaches New 1-Year High – Here’s What Happened

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

Wall Street Analyst Weigh In

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

TeamViewer Stock Up 4.6%

The business has a 50 day moving average of $3.75 and a two-hundred day moving average of $3.34.

TeamViewer Company Profile

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.