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

SAP SE (ETR:SAPGet Free Report)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €216.86 ($223.57) and traded as high as €269.85 ($278.20). SAP shares last traded at €268.50 ($276.80), with a volume of 1,625,440 shares traded.

SAP Trading Down 2.0 %

The company has a debt-to-equity ratio of 20.82, a quick ratio of 0.92 and a current ratio of 1.12. The company has a market capitalization of $307.89 billion, a PE ratio of 121.83, a P/E/G ratio of 2.73 and a beta of 0.92. The business has a fifty day moving average price of €242.51 and a 200 day moving average price of €216.86.

SAP Company Profile

(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.

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