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SAP (ETR:SAP) Sets New 12-Month High - Here's Why

SAP logo with Computer and Technology background

SAP SE (ETR:SAP - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as €243.40 ($256.21) and last traded at €240.65 ($253.32), with a volume of 1275144 shares trading hands. The stock had previously closed at €241.05 ($253.74).

SAP Stock Down 0.2 %

The firm's 50-day simple moving average is €220.48 and its 200 day simple moving average is €200.52. The company has a debt-to-equity ratio of 20.82, a quick ratio of 0.92 and a current ratio of 1.12. The company has a market cap of $281.56 billion, a P/E ratio of 111.60, a PEG 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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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