Nemetschek (ETR:NEM) Trading 1.2% Higher – Here’s Why

Nemetschek SE (ETR:NEMGet Free Report) shares traded up 1.2% during trading on Tuesday . The company traded as high as €114.40 ($119.17) and last traded at €113.70 ($118.44). 103,277 shares were traded during trading, an increase of 109% from the average session volume of 49,484 shares. The stock had previously closed at €112.30 ($116.98).

Nemetschek Price Performance

The firm has a market cap of $13.13 billion, a price-to-earnings ratio of 74.31, a PEG ratio of 2.44 and a beta of 0.85. The company has a debt-to-equity ratio of 8.27, a current ratio of 1.09 and a quick ratio of 0.73. The stock has a 50-day moving average price of €99.07 and a 200 day moving average price of €94.83.

About Nemetschek

(Get Free Report)

Nemetschek SE provides software solutions for architecture, engineering, construction, media, and entertainment markets in Germany, rest of Europe, the Americas, the Asia Pacific, and internationally. It operates through four segments: Design, Build, Manage, and Media. The Design segment offers software solutions primarily under the Allplan, Graphisoft, Solibri, Precast, Vectorworks, SCIA, dRofus, Frilo, and RISA brands for architects, designers, engineers, structural engineers, specialist planners, and landscape designers, as well as developers and general contractors.

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