SAP (ETR:SAP) Shares Pass Above 200 Day Moving Average of $119.62

SAP SE (ETR:SAP)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €119.62 ($130.02) and traded as high as €128.20 ($139.35). SAP shares last traded at €127.86 ($138.98), with a volume of 1,979,610 shares trading hands.

SAP Trading Up 0.7 %

The company has a 50 day moving average price of €124.17 and a 200 day moving average price of €119.62. The company has a debt-to-equity ratio of 26.28, a quick ratio of 0.92 and a current ratio of 1.42. The firm has a market cap of $150.70 billion, a price-to-earnings ratio of 85.24, a price-to-earnings-growth ratio of 1.89 and a beta of 1.00.

About SAP

SAP SE, together with its subsidiaries, provides enterprise application software products worldwide. The company operates through Applications, Technology & Services; Qualtrics; Business Network; and Sustainability segments. It offers SAP S/4HANA that offers 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; spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.