Nemetschek (ETR:NEM) Trading Up 2.5% – Here’s Why

Nemetschek SE (ETR:NEM) rose 2.5% on Tuesday . The company traded as high as €96.60 ($99.59) and last traded at €96.10 ($99.07). Approximately 96,722 shares were traded during trading, an increase of 95% from the average daily volume of 49,484 shares. The stock had previously closed at €93.75 ($96.65).

Nemetschek Trading Up 0.6 %

The company has a debt-to-equity ratio of 8.27, a quick ratio of 0.73 and a current ratio of 1.09. The business has a fifty day simple moving average of €98.28 and a 200-day simple moving average of €93.75. The firm has a market cap of $11.11 billion, a price-to-earnings ratio of 62.84, a PEG ratio of 2.44 and a beta of 0.85.

Nemetschek Company Profile

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.