Shares of Nemetschek SE (ETR:NEM) traded up 2.6% during trading on Wednesday . The stock traded as high as €46.02 ($53.51) and last traded at €45.52 ($52.93), 304,473 shares were traded during mid-day trading. An increase of 515% from the average session volume of 49,484 shares. The stock had previously closed at €44.38 ($51.60).
Several brokerages have recently commented on NEM. Baader Bank set a €52.33 ($60.85) target price on shares of Nemetschek and gave the stock a “neutral” rating in a report on Friday, July 26th. Hauck & Aufhaeuser set a €49.50 ($57.56) target price on Nemetschek and gave the company a “neutral” rating in a research report on Wednesday, July 24th. Warburg Research set a €48.33 ($56.20) price target on Nemetschek and gave the stock a “neutral” rating in a research report on Friday, July 26th. Deutsche Bank set a €63.30 ($73.60) price target on Nemetschek and gave the company a “buy” rating in a research note on Monday, July 29th. Finally, Berenberg Bank set a €50.00 ($58.14) price objective on shares of Nemetschek and gave the stock a “neutral” rating in a research report on Tuesday, August 13th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of €74.72 ($86.88).
The company has a fifty day moving average of €48.50 and a two-hundred day moving average of €108.20. The company has a debt-to-equity ratio of 106.30, a quick ratio of 0.68 and a current ratio of 0.77. The company has a market cap of $5.29 billion and a price-to-earnings ratio of 62.96.
Nemetschek SE provides software solutions for architecture, engineering, construction, media, and entertainment markets worldwide. It operates through four segments: Design, Build, Manage, and Media & Entertainment. The Design segment offers software solutions primarily under the Allplan, Graphisoft, Precast, Vectorworks, SCIA, dRofus, Data Design System, Frilo, and RISA brands for architects, specialist planners, an dlandscape architects, as well as developers and general contractors.
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