Free Trial

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.

Recommended Stories

Should You Invest $1,000 in SAP Right Now?

Before you consider SAP, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SAP wasn't on the list.

While SAP currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir & AMD Earnings: Massive Options Setups Ahead
3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines