Nemetschek (ETR:NEM) Trading Up 0.9% – Here’s Why

Shares of Nemetschek SE (ETR:NEM) rose 0.9% on Tuesday . The stock traded as high as €124.60 ($129.79) and last traded at €123.80 ($128.96). Approximately 104,183 shares traded hands during mid-day trading, an increase of 111% from the average daily volume of 49,484 shares. The stock had previously closed at €122.70 ($127.81).

Nemetschek Trading Down 0.2 %

The company has a market cap of $14.40 billion, a price-to-earnings ratio of 84.29, a PEG ratio of 2.44 and a beta of 0.85. The firm has a 50 day moving average price of €104.69 and a two-hundred day moving average price of €97.73. The company has a quick ratio of 0.73, a current ratio of 0.41 and a debt-to-equity ratio of 88.76.

About Nemetschek

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.