SAP (ETR:SAP) Shares Pass Above 200 Day Moving Average – What’s Next?

Shares of SAP SE (ETR:SAP) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €185.67 ($201.82) and traded as high as €208.60 ($226.74). SAP shares last traded at €208.60 ($226.74), with a volume of 1,282,328 shares traded.

SAP Stock Down 0.8 %

The stock has a fifty day moving average price of €198.96 and a two-hundred day moving average price of €186.06. The company has a market cap of $245.47 billion, a price-to-earnings ratio of 97.13, a P/E/G 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.

About SAP

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.