SAP (ETR:SAP) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

SAP SE (ETR:SAPGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €235.42 ($253.14) and traded as high as €251.95 ($270.91). SAP shares last traded at €251.95 ($270.91), with a volume of 6,042,210 shares traded.

SAP Stock Performance

The company has a debt-to-equity ratio of 25.19, a current ratio of 1.12 and a quick ratio of 0.92. The company has a market cap of $298.47 billion, a PE ratio of 96.80, a PEG ratio of 2.73 and a beta of 0.92. The stock has a 50 day simple moving average of €262.43 and a two-hundred day simple moving average of €235.42.

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.

Further Reading

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