Nemetschek (ETR:NEM) Sets New 12-Month High – Here’s Why

Shares of Nemetschek SE (ETR:NEM) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as €101.10 ($106.42) and last traded at €98.50 ($103.68), with a volume of 98831 shares. The stock had previously closed at €99.90 ($105.16).

Nemetschek Stock Performance

The company has a debt-to-equity ratio of 8.27, a current ratio of 1.09 and a quick ratio of 0.73. The stock has a market cap of $11.38 billion, a P/E ratio of 64.61, a price-to-earnings-growth ratio of 2.44 and a beta of 0.85. The company has a 50 day simple moving average of €97.57 and a 200-day simple moving average of €92.57.

Nemetschek Company Profile

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.