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SAP (ETR:SAP) Share Price Passes Above Two Hundred Day Moving Average - Here's Why

SAP logo with Computer and Technology background

Shares of SAP SE (ETR:SAP - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €246.51 ($276.98) and traded as high as €266.30 ($299.21). SAP shares last traded at €265.80 ($298.65), with a volume of 1,446,191 shares traded.

SAP Trading Down 0.1%

The company has a market capitalization of $306.25 billion, a price-to-earnings ratio of 99.33, a price-to-earnings-growth ratio of 2.73 and a beta of 0.92. The business has a fifty day moving average price of €245.97 and a 200 day moving average price of €246.51. The company has a debt-to-equity ratio of 25.19, a current ratio of 1.12 and a quick ratio of 0.92.

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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