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SAP (ETR:SAP) Shares Pass Above 200 Day Moving Average - Time to Sell?

SAP logo with Computer and Technology background

SAP SE (ETR:SAP - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €216.86 ($223.57) and traded as high as €269.85 ($278.20). SAP shares last traded at €268.50 ($276.80), with a volume of 1,625,440 shares changing hands.

SAP Stock Performance

The firm has a market cap of $320.17 billion, a PE ratio of 126.69, 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 20.82. The company has a 50-day simple moving average of €246.05 and a two-hundred day simple moving average of €218.75.

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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