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

SAP logo with Computer and Technology background

SAP SE (ETR:SAP - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €244.69 ($274.93) and traded as high as €264.65 ($297.36). SAP shares last traded at €262.35 ($294.78), with a volume of 1,057,229 shares trading hands.

SAP Stock Performance

The business has a fifty day moving average of €244.48 and a 200 day moving average of €245.91. The company has a market cap of $306.20 billion, a P/E ratio of 99.31, a P/E/G 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.

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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