SAP (ETR:SAP) Shares Pass Above 200-Day Moving Average – Time to Sell?

SAP SE (ETR:SAPGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €230.71 ($250.77) and traded as high as €266.80 ($290.00). SAP shares last traded at €261.35 ($284.08), with a volume of 2,280,232 shares.

SAP Trading Down 2.7 %

The company has a market cap of $293.39 billion, a PE ratio of 95.16, 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 25.19. The company has a fifty day simple moving average of €261.05 and a two-hundred day simple moving average of €230.95.

About SAP

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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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