SAP (ETR:SAP) Stock Price Passes Above 200 Day Moving Average - Here's Why

SAP SE (ETR:SAP - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €235.42 ($255.89) and traded as high as €251.95 ($273.86). SAP shares last traded at €251.95 ($273.86), with a volume of 6,042,210 shares changing hands.

SAP Trading Down 1.0 %

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 has a market capitalization of $284.63 billion, a price-to-earnings ratio of 92.31, a price-to-earnings-growth ratio of 2.73 and a beta of 0.92. The business has a fifty day simple moving average of €262.47 and a 200 day simple moving average of €236.39.

SAP Company Profile

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.