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

SAP logo with Computer and Technology background

Shares of SAP SE (ETR:SAP - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €241.16 ($274.05) and traded as high as €245.60 ($279.09). SAP shares last traded at €244.70 ($278.07), with a volume of 2,030,654 shares.

SAP Stock Up 4.3 %

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 company has a market capitalization of $307.18 billion, a price-to-earnings ratio of 99.63, a price-to-earnings-growth ratio of 2.73 and a beta of 0.92. The firm's 50-day simple moving average is €244.00 and its two-hundred day simple moving average is €242.15.

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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