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

SAP logo with Computer and Technology background

SAP SE (ETR:SAP - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €208.32 ($214.76) and traded as high as €244.45 ($252.01). SAP shares last traded at €243.30 ($250.82), with a volume of 1,698,060 shares traded.

SAP Price Performance

The firm has a market capitalization of $286.36 billion, a P/E ratio of 113.31, a P/E/G ratio of 2.73 and a beta of 0.92. The business's fifty day moving average is €230.34 and its 200 day moving average is €208.58. The company has a current ratio of 1.12, a quick ratio of 0.92 and a debt-to-equity ratio of 20.82.

About SAP

(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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