SAP (ETR:SAP) Stock Passes Above 200-Day Moving Average – Here’s What Happened

SAP SE (ETR:SAPGet Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €210.80 ($217.32) and traded as high as €254.30 ($262.16). SAP shares last traded at €253.60 ($261.44), with a volume of 1,857,979 shares trading hands.

SAP Stock Up 0.7 %

The stock has a market cap of $300.51 billion, a PE ratio of 118.91, a price-to-earnings-growth 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 firm has a fifty day moving average of €234.25 and a 200 day moving average of €211.43.

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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