RIB Software (ETR:RIB) Reaches New 1-Year High at $29.60

RIB Software SE (ETR:RIB)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as €29.60 ($34.42) and last traded at €29.20 ($33.95), with a volume of 1385226 shares traded. The stock had previously closed at €20.62 ($23.98).

A number of equities analysts have recently commented on the company. Warburg Research set a €22.00 ($25.58) price target on RIB Software and gave the stock a “neutral” rating in a report on Wednesday, January 8th. Kepler Capital Markets set a €21.00 ($24.42) price target on RIB Software and gave the stock a “neutral” rating in a report on Thursday. Finally, Berenberg Bank set a €26.00 ($30.23) price target on RIB Software and gave the stock a “buy” rating in a report on Monday, January 6th.

The company has a debt-to-equity ratio of 3.65, a quick ratio of 2.25 and a current ratio of 2.40. The company has a market cap of $1.43 billion and a price-to-earnings ratio of 83.09. The business has a fifty day moving average price of €20.35 and a 200 day moving average price of €21.13.

RIB Software Company Profile (ETR:RIB)

RIB Software SE creates, develops, and sells software solutions for the construction enterprises and projects across various industries worldwide. Its solutions include iTWO Civil, a CAD software for highway, earthwork, and sewer construction; iTWO e-tendering platform that provides e-business and e-tendering solutions for construction and supply services; and RIBTEC, an integrated software that allows structural engineers in structural designing of building and ground engineering, finite element calculation, and tunnel and bridge construction, as well as drawing of formwork and reinforcement plans.

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