TeamViewer (OTCMKTS:TMVWY) Shares Down 1.4% – Here’s Why

TeamViewer SE (OTCMKTS:TMVWYGet Free Report) was down 1.4% on Friday . The stock traded as low as $3.54 and last traded at $3.6005. 3,001 shares changed hands during mid-day trading, an increase of 834% from the average session volume of 321 shares. The stock had previously closed at $3.65.

Analysts Set New Price Targets

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

Get Our Latest Report on TeamViewer

TeamViewer Stock Down 1.4%

The business has a fifty day moving average of $3.58 and a 200 day moving average of $3.14.

TeamViewer Company Profile

(Get Free Report)

TeamViewer SE is a Germany-based software company that provides secure remote connectivity and digital workplace solutions. Its platform enables users to access and control computers and other devices remotely, provide technical support, collaborate with colleagues, and manage IT environments from a distance.

The company’s offerings include TeamViewer Remote for remote access and support, enterprise-oriented solutions such as TeamViewer Tensor, and remote monitoring and management tools for IT departments and managed service providers.

Further Reading

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