SAP (ETR:SAP) Shares Down 0.6% – Here’s Why

SAP SE (ETR:SAPGet Free Report) shares fell 0.6% during trading on Tuesday . The stock traded as low as €238.60 ($251.16) and last traded at €240.50 ($253.16). 1,492,120 shares were traded during mid-day trading, a decline of 56% from the average session volume of 3,430,000 shares. The stock had previously closed at €242.00 ($254.74).

SAP Stock Performance

The firm’s 50-day moving average price is €217.53 and its two-hundred day moving average price is €198.82. The company has a quick ratio of 0.92, a current ratio of 1.12 and a debt-to-equity ratio of 20.82. The firm has a market capitalization of $280.86 billion, a PE ratio of 111.34, a P/E/G ratio of 2.73 and a beta of 0.92.

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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