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SAP (ETR:SAP) Stock Price Crosses Above 200 Day Moving Average - Here's Why

SAP logo with Computer and Technology background

SAP SE (ETR:SAP - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €248.40 ($282.27) and traded as high as €267.25 ($303.69). SAP shares last traded at €262.45 ($298.24), with a volume of 1,152,671 shares trading hands.

SAP Stock Performance

The company has a debt-to-equity ratio of 25.19, a current ratio of 1.12 and a quick ratio of 0.92. The stock has a market cap of $310.93 billion, a PE ratio of 100.84, a price-to-earnings-growth ratio of 2.73 and a beta of 0.92. The business has a 50 day moving average price of €248.48 and a two-hundred day moving average price of €249.36.

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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