SAP (ETR:SAP) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

SAP SE (ETR:SAP)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €208.32 ($214.76) and traded as high as €244.45 ($252.01). SAP shares last traded at €243.30 ($250.82), with a volume of 1,698,060 shares.

SAP Stock Up 0.6 %

The stock’s fifty day simple moving average is €229.83 and its 200-day simple moving average is €208.32. The stock has a market cap of $286.36 billion, a P/E ratio of 113.31, a P/E/G ratio of 2.73 and a beta of 0.92. The company has a debt-to-equity ratio of 20.82, a quick ratio of 0.92 and a current ratio of 1.12.

SAP Company Profile

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.