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SAP (ETR:SAP) Stock Passes Above 200-Day Moving Average - Here's What Happened

SAP logo with Computer and Technology background

SAP SE (ETR:SAP - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €253.47 ($298.20) and traded as high as €256.65 ($301.94). SAP shares last traded at €253.10 ($297.76), with a volume of 1,140,295 shares trading hands.

SAP Price Performance

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 company has a market cap of $294.72 billion, a PE ratio of 95.59, a P/E/G ratio of 2.73 and a beta of 0.92. The stock has a 50-day simple moving average of €260.52 and a 200 day simple moving average of €253.92.

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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