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SAP (ETR:SAP) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

SAP logo with Computer and Technology background

SAP SE (ETR:SAP - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €242.92 ($272.94) and traded as high as €267.50 ($300.56). SAP shares last traded at €267.35 ($300.39), with a volume of 982,242 shares traded.

SAP Stock Performance

The firm has a market capitalization of $301.81 billion, a price-to-earnings ratio of 97.89, a PEG 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 firm has a 50 day moving average price of €243.41 and a 200-day moving average price of €244.14.

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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