Nemetschek (ETR:NEM) Stock Jumps 1.9% – Time to Buy?
by Mitch Edgeman · The Markets DailyNemetschek SE (ETR:NEM – Get Free Report)’s share price traded up 1.9% during trading on Monday. The stock traded as high as €75.15 and last traded at €73.55. 235,825 shares traded hands during trading, an increase of 377% from the average daily volume of 49,484 shares. The stock had previously closed at €72.15.
Nemetschek Price Performance
The business has a 50 day moving average price of €63.79 and a two-hundred day moving average price of €61.41. The stock has a market cap of $8.57 billion, a PE ratio of 50.16, a P/E/G ratio of 2.44 and a beta of 0.54. The company has a debt-to-equity ratio of 53.99, a quick ratio of 0.73 and a current ratio of 0.93.
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.