Nemetschek (ETR:NEM) Shares Climb 1.9% – Time to Buy?

Nemetschek SE (ETR:NEM – Get Free Report) shares were up 1.9% on Monday. The company traded as high as €75.15 and last traded at €73.55. 235,825 shares changed hands during mid-day trading, an increase of 377% from the average daily volume of 49,484 shares. The stock had previously closed at €72.15.

Nemetschek Trading Up 1.9%

The firm has a market capitalization of $8.57 billion, a P/E ratio of 50.16, a price-to-earnings-growth ratio of 2.44 and a beta of 0.54. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 53.99. The firm’s 50-day simple moving average is €63.79 and its 200-day simple moving average is €61.41.

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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