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Nemetschek (ETR:NEM) Trading Up 0.9% - Here's Why

Nemetschek logo with Computer and Technology background

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

Nemetschek Price Performance

The company has a debt-to-equity ratio of 88.76, a quick ratio of 0.73 and a current ratio of 0.41. The stock has a market capitalization of $13.68 billion, a price-to-earnings ratio of 80.06, a price-to-earnings-growth ratio of 2.44 and a beta of 0.85. The business's 50 day simple moving average is €106.03 and its 200-day simple moving average is €98.43.

About Nemetschek

(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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