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

Nemetschek SE (ETR:NEM)’s stock price traded down 1.9% during trading on Thursday . The stock traded as low as €59.40 and last traded at €61.30. 312,396 shares traded hands during trading, an increase of 531% from the average session volume of 49,484 shares. The stock had previously closed at €62.50.

Nemetschek Stock Down 1.9%

The company’s 50 day moving average price is €63.21 and its 200 day moving average price is €73.89. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 33.98. The firm has a market capitalization of $7.14 billion, a price-to-earnings ratio of 41.80, a P/E/G ratio of 2.44 and a beta of 0.49.

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.