Nemetschek (ETR:NEM) Shares Down 1.9% – Here’s Why

Nemetschek SE (ETR:NEMGet Free Report)’s stock price was down 1.9% during trading on Thursday . The stock traded as low as €59.40 and last traded at €61.30. Approximately 312,396 shares were traded during mid-day trading, an increase of 531% from the average daily volume of 49,484 shares. The stock had previously closed at €62.50.

Nemetschek Stock Performance

The company has a debt-to-equity ratio of 33.98, a current ratio of 0.73 and a quick ratio of 0.73. The company has a market capitalization of $7.14 billion, a PE ratio of 41.80, a price-to-earnings-growth ratio of 2.44 and a beta of 0.49. The firm’s fifty day simple moving average is €63.21 and its 200 day simple moving average is €73.89.

Nemetschek Company Profile

(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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