TeamViewer (OTCMKTS:TMVWY) Trading Up 0.4% – Still a Buy?

TeamViewer SE (OTCMKTS:TMVWYGet Free Report)’s share price rose 0.4% during trading on Thursday . The company traded as high as $2.64 and last traded at $2.61. Approximately 300 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 4,203 shares. The stock had previously closed at $2.60.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group restated a “neutral” rating on shares of TeamViewer in a report on Tuesday, February 24th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on TeamViewer

TeamViewer Stock Performance

The company has a 50-day moving average of $3.16 and a 200-day moving average of $3.86.

TeamViewer Company Profile

(Get Free Report)

TeamViewer AG operates a global remote connectivity platform that enables secure access, support, control and collaboration across devices and locations. Its cloud-based software solutions allow businesses and individuals to remotely troubleshoot IT issues, manage devices, conduct online meetings and share files in real time. The platform’s modular architecture supports integrations with leading IT service management tools and provides an open API for custom workflows, making it a versatile choice for digital service delivery.

Founded in 2005 and headquartered in Göppingen, Germany, TeamViewer has expanded its footprint to serve customers in more than 180 countries.

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