Free Trial

SAP (ETR:SAP) Stock Price Crosses Above Two Hundred Day Moving Average - Here's Why

SAP logo with Computer and Technology background

SAP SE (ETR:SAP - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €193.02 ($205.34) and traded as high as €219.10 ($233.09). SAP shares last traded at €217.30 ($231.17), with a volume of 1,436,129 shares changing hands.

SAP Stock Performance

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 stock has a market capitalization of $255.76 billion, a P/E ratio of 101.20, a PEG ratio of 2.73 and a beta of 0.92. The firm has a 50-day moving average of €209.62 and a 200 day moving average of €193.35.

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.

Recommended Stories

→ I was wrong. Dead wrong. (From Porter & Company) (Ad)

Should you invest $1,000 in SAP right now?

Before you consider SAP, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SAP wasn't on the list.

While SAP currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines