SAP (ETR:SAP) Stock Passes Above 200-Day Moving Average – Here’s What Happened

SAP SE (ETR:SAPGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €210.80 ($217.32) and traded as high as €254.30 ($262.16). SAP shares last traded at €253.60 ($261.44), with a volume of 1,857,979 shares.

SAP Stock Up 0.7 %

The business has a fifty day moving average of €234.25 and a 200 day moving average of €211.43. The company has a current ratio of 1.12, a quick ratio of 0.92 and a debt-to-equity ratio of 20.82. The company has a market capitalization of $300.51 billion, a PE ratio of 118.91, a PEG ratio of 2.73 and a beta of 0.92.

About SAP

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for SAP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP and related companies with MarketBeat.com's FREE daily email newsletter.