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

SAP logo with Computer and Technology background

Shares of SAP SE (ETR:SAP - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €252.88 ($294.05) and traded as high as €258.30 ($300.35). SAP shares last traded at €254.95 ($296.45), with a volume of 1,611,964 shares trading hands.

SAP Trading Down 1.0%

The stock has a market cap of $291.26 billion, a price-to-earnings ratio of 94.47, a PEG 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 25.19. The business's 50 day simple moving average is €256.79 and its 200 day simple moving average is €252.88.

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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