SAP (ETR:SAP) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

SAP SE (ETR:SAP)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €202.99 ($211.45) and traded as high as €238.70 ($248.65). SAP shares last traded at €236.75 ($246.61), with a volume of 5,083,929 shares traded.

SAP Stock Down 0.2 %

The company has a debt-to-equity ratio of 20.82, a current ratio of 1.12 and a quick ratio of 0.92. The company has a market capitalization of $276.53 billion, a PE ratio of 109.42, a P/E/G ratio of 2.73 and a beta of 0.92. The business’s 50 day simple moving average is €224.03 and its 200 day simple moving average is €202.99.

About SAP

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.