Nemetschek (ETR:NEM) Shares Down 2.4% – Here’s What Happened

Nemetschek SE (ETR:NEMGet Free Report) shares fell 2.4% during trading on Friday . The stock traded as low as €108.70 ($118.15) and last traded at €110.80 ($120.43). 217,343 shares were traded during mid-day trading, an increase of 339% from the average session volume of 49,484 shares. The stock had previously closed at €113.50 ($123.37).

Nemetschek Stock Performance

The company has a debt-to-equity ratio of 88.76, a quick ratio of 0.73 and a current ratio of 0.41. The stock’s 50-day simple moving average is €115.38 and its two-hundred day simple moving average is €102.92. The stock has a market cap of $12.85 billion, a price-to-earnings ratio of 75.22, a price-to-earnings-growth ratio of 2.44 and a beta of 0.85.

About Nemetschek

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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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