SAP (ETR:SAP) Shares Cross Above 200 Day Moving Average – What’s Next?

SAP SE (ETR:SAPGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €223.89 ($233.22) and traded as high as €280.95 ($292.66). SAP shares last traded at €278.35 ($289.95), with a volume of 1,004,027 shares.

SAP Trading Down 0.7 %

The stock’s fifty day simple moving average is €252.76 and its two-hundred day simple moving average is €223.89. The firm has a market cap of $318.71 billion, a PE ratio of 103.37, a PEG ratio of 2.73 and a beta of 0.92. The company has a quick ratio of 0.92, a current ratio of 1.12 and a debt-to-equity ratio of 25.19.

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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