SAP (ETR:SAP) Stock Passes Above 200 Day Moving Average – What’s Next?

SAP SE (ETR:SAPGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €213.24 ($224.46) and traded as high as €263.15 ($277.00). SAP shares last traded at €262.40 ($276.21), with a volume of 1,623,949 shares changing hands.

SAP Trading Up 0.4 %

The stock has a market capitalization of $308.35 billion, a P/E ratio of 122.01, a P/E/G ratio of 2.73 and a beta of 0.92. The company has a current ratio of 1.12, a quick ratio of 0.92 and a debt-to-equity ratio of 20.82. The business has a 50-day moving average price of €237.25 and a two-hundred day moving average price of €213.24.

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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