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SAP (ETR:SAP) Share Price Crosses Above 200-Day Moving Average - Here's What Happened

SAP logo with Computer and Technology background

SAP SE (ETR:SAP - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €252.27 ($289.97) and traded as high as €257.65 ($296.15). SAP shares last traded at €257.45 ($295.92), with a volume of 1,423,494 shares traded.

SAP Stock Performance

The company has a market capitalization of $289.70 billion, a PE ratio of 93.96, a price-to-earnings-growth ratio of 2.73 and a beta of 0.92. The business's fifty day moving average is €255.40 and its two-hundred day moving average is €252.74. The company has a current ratio of 1.12, a quick ratio of 0.92 and a debt-to-equity ratio of 25.19.

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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