Nemetschek (OTCMKTS:NEMTF) Trading Up 30.3% – Still a Buy?

Nemetschek SE (OTCMKTS:NEMTFGet Free Report) shares traded up 30.3% during mid-day trading on Friday . The stock traded as high as $125.32 and last traded at $125.32. 837 shares traded hands during trading, an increase of 179% from the average session volume of 300 shares. The stock had previously closed at $96.16.

Nemetschek Stock Performance

The firm’s 50 day simple moving average is $102.96 and its 200-day simple moving average is $101.57.

Nemetschek Company Profile

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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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