SAP (ETR:SAP) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

SAP SE (ETR:SAPGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €227.70 ($237.19) and traded as high as €275.60 ($287.08). SAP shares last traded at €275.20 ($286.67), with a volume of 1,318,253 shares changing hands.

SAP Trading Down 2.8 %

The business’s 50-day moving average price is €257.65 and its 200 day moving average price is €227.70. The company has a market cap of $308.56 billion, a P/E ratio of 100.08, a P/E/G ratio of 2.73 and a beta of 0.92. The company has a debt-to-equity ratio of 25.19, a quick ratio of 0.92 and a current ratio of 1.12.

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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