Nemetschek (ETR:NEM) Shares Climb 1.5% – Time to Buy?

Nemetschek SE (ETR:NEM – Get Free Report)’s stock price shot up 1.5% during mid-day trading on Monday. The company traded as high as €62.40 and last traded at €62.25. Approximately 220,658 shares changed hands during trading, an increase of 346% from the average daily volume of 49,484 shares. The stock had previously closed at €61.35.

Nemetschek Stock Performance

The company has a current ratio of 0.93, a quick ratio of 0.73 and a debt-to-equity ratio of 53.99. The firm has a market capitalization of $7.25 billion, a PE ratio of 42.45, a PEG ratio of 2.44 and a beta of 0.54. The firm’s fifty day moving average price is €61.48 and its 200 day moving average price is €61.54.

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.

Further Reading

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