Nemetschek (ETR:NEM) Hits New 1-Year High – Here’s Why

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

Nemetschek Stock Performance

The company has a market capitalization of $11.20 billion, a P/E ratio of 64.38, a PEG ratio of 2.44 and a beta of 0.85. The company has a quick ratio of 0.73, a current ratio of 1.09 and a debt-to-equity ratio of 8.27. The stock has a fifty day simple moving average of €97.78 and a 200-day simple moving average of €92.67.

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.