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SAP (ETR:SAP) Stock Price Crosses Above 200-Day Moving Average - What's Next?

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 Wednesday . The stock has a 200-day moving average of €223.89 ($235.67) and traded as high as €280.95 ($295.74). SAP shares last traded at €278.35 ($293.00), with a volume of 1,004,027 shares.

SAP Stock Down 0.5 %

The firm has a market cap of $317.15 billion, a price-to-earnings ratio of 102.86, a P/E/G ratio of 2.73 and a beta of 0.92. The firm's 50 day moving average price is €254.28 and its two-hundred day moving average price is €224.64. The company has a debt-to-equity ratio of 25.19, a current ratio of 1.12 and a quick ratio 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.

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