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SAP (ETR:SAP) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

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SAP SE (ETR:SAP - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €230.71 ($250.77) and traded as high as €266.80 ($290.00). SAP shares last traded at €261.35 ($284.08), with a volume of 2,280,232 shares traded.

SAP Stock Performance

The company has a debt-to-equity ratio of 25.19, a quick ratio of 0.92 and a current ratio of 1.12. The stock's 50 day moving average price is €261.35 and its 200 day moving average price is €231.60. The company has a market capitalization of $279.38 billion, a P/E ratio of 90.61, a price-to-earnings-growth 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.

Further Reading

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