Nemetschek (ETR:NEM) Stock Price Up 4.7% – Here’s Why

Nemetschek SE (ETR:NEMGet Free Report) shot up 4.7% on Tuesday . The company traded as high as €83.00 and last traded at €81.40. 464,636 shares changed hands during trading, an increase of 839% from the average session volume of 49,484 shares. The stock had previously closed at €77.75.

Nemetschek Stock Performance

The company has a quick ratio of 0.73, a current ratio of 0.41 and a debt-to-equity ratio of 88.76. The firm has a 50 day moving average price of €90.21 and a 200 day moving average price of €105.26. The stock has a market cap of $9.49 billion, a PE ratio of 55.51, a price-to-earnings-growth ratio of 2.44 and a beta of 0.85.

Nemetschek Company Profile

(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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