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

SAP SE (ETR:SAPGet Free Report)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €233.19 ($253.47) and traded as high as €242.95 ($264.08). SAP shares last traded at €242.60 ($263.70), with a volume of 1,755,926 shares changing hands.

SAP Trading Up 1.7 %

The firm has a market capitalization of $284.57 billion, a price-to-earnings ratio of 92.30, a price-to-earnings-growth 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 moving average price of €261.76 and a 200-day moving average price of €233.19.

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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