SAP (ETR:SAP) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

SAP SE (ETR:SAPGet Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €220.34 ($229.52) and traded as high as €272.90 ($284.27). SAP shares last traded at €271.80 ($283.13), with a volume of 1,242,452 shares changing hands.

SAP Stock Up 2.4 %

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 $325.67 billion, a PE ratio of 128.87, a price-to-earnings-growth ratio of 2.73 and a beta of 0.92. The business’s 50-day moving average price is €248.02 and its 200-day moving average price is €220.34.

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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