SAP (ETR:SAP) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Shares of SAP SE (ETR:SAPGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €193.02 ($205.34) and traded as high as €219.10 ($233.09). SAP shares last traded at €217.30 ($231.17), with a volume of 1,436,129 shares trading hands.

SAP Stock Performance

The company has a market cap of $255.76 billion, a price-to-earnings ratio of 100.60, a P/E/G ratio of 2.73 and a beta of 0.92. 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 stock’s fifty day simple moving average is €209.08 and its 200 day simple moving average is €193.02.

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.

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