Nemetschek (OTCMKTS:NEMTF) Trading Down 33.7% – What’s Next?

Shares of Nemetschek SE (OTCMKTS:NEMTFGet Free Report) were down 33.7% during trading on Monday . The stock traded as low as $105.56 and last traded at $107.89. Approximately 744 shares were traded during trading, an increase of 24% from the average daily volume of 600 shares. The stock had previously closed at $162.73.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. BNP Paribas raised shares of Nemetschek from a “neutral” rating to an “outperform” rating in a report on Wednesday, November 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Nemetschek in a research report on Wednesday, November 5th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on NEMTF

Nemetschek Trading Down 33.7%

The company’s fifty day moving average price is $128.81 and its 200 day moving average price is $140.52.

Nemetschek Company Profile

(Get Free Report)

Nemetschek SE is a Munich-based software developer specializing in solutions for the architecture, engineering and construction (AEC) industries as well as the media and entertainment sectors. The company’s platforms encompass computer-aided design (CAD), building information modeling (BIM), visualisation and project management, enabling stakeholders across planning, design, construction and operation to collaborate on complex building and infrastructure projects.

Founded in 1963 by Prof.

Further Reading

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