SAP (ETR:SAP) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of SAP SE (ETR:SAP) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €237.48 ($260.97) and traded as high as €251.10 ($275.93). SAP shares last traded at €250.15 ($274.89), with a volume of 1,345,059 shares.

SAP Price Performance

The firm has a market cap of $275.63 billion, a PE ratio of 89.40, a P/E/G ratio of 2.73 and a beta of 0.92. The stock’s fifty day moving average price is €261.18 and its 200-day moving average price is €237.82. The company has a debt-to-equity ratio of 25.19, a quick ratio of 0.92 and a current ratio of 1.12.

About SAP

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.