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SAP (ETR:SAP) Share Price Passes Above 200 Day Moving Average - Should You Sell?

SAP logo with Computer and Technology background

SAP SE (ETR:SAP - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €237.48 ($258.13) and traded as high as €251.10 ($272.93). SAP shares last traded at €250.15 ($271.90), with a volume of 1,345,059 shares trading hands.

SAP Stock Performance

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 company has a market cap of $266.69 billion, a price-to-earnings ratio of 86.50, a PEG ratio of 2.73 and a beta of 0.92. The firm's 50-day moving average price is €260.53 and its 200 day moving average price is €238.57.

About SAP

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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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