SAP (ETR:SAP) Shares Cross Below 200 Day Moving Average - Here's What Happened

Key Points

• SAP shares crossed below their 200‑day moving average (200‑day MA €194.94), trading as low as €142.44 and last at €143.46 on a volume of 2,534,487 shares.
• Key fundamentals: market cap $169.03 billion, P/E 54.82, P/E/G 2.73, 50‑day MA €160.96, debt‑to‑equity 18.03 and current ratio 1.17.

SAP SE (ETR:SAP - )'s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €194.94 and traded as low as €142.44. SAP shares last traded at €143.46, with a volume of 2,534,487 shares changing hands.

SAP Trading Up 2.1%

The company has a debt-to-equity ratio of 18.03, a quick ratio of 0.92 and a current ratio of 1.17. The stock's fifty day moving average is €160.96 and its 200 day moving average is €194.94. The stock has a market cap of $169.03 billion, a P/E ratio of 54.82, a P/E/G ratio of 2.73 and a beta of 0.69.

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.

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