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SAP (ETR:SAP) Shares Pass Below 200-Day Moving Average - Should You Sell?

SAP logo with Computer and Technology background
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Key Points

  • SAP shares fell below its 200-day moving average (€230.64), trading as low as €200.05 and last at €201.95 on a volume of 1,859,956, marking a technical breach of a key long-term support level.
  • Valuation and balance-sheet snapshot: market cap €237.85 billion ($237.85B), P/E 77.14, PEG 2.73, beta 0.92, debt-to-equity 25.19, current ratio 1.12 and quick ratio 0.92.
  • Shorter-term momentum is also weak: the 50-day moving average (€212.38) remains above the stock's last trade, reinforcing the recent downtrend.
  • MarketBeat previews top five stocks to own in May.

SAP SE (ETR:SAP - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €230.64 and traded as low as €200.05. SAP shares last traded at €201.95, with a volume of 1,859,956 shares.

SAP Price Performance

The firm has a market cap of $237.85 billion, a PE ratio of 77.14, a P/E/G ratio of 2.73 and a beta of 0.92. The company has a debt-to-equity ratio of 25.19, a current ratio of 1.12 and a quick ratio of 0.92. The business's fifty day moving average is €212.38 and its 200-day moving average is €230.64.

SAP Company Profile

(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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