SAP (ETR:SAP) Share Price Crosses Above 200-Day Moving Average – Here’s Why

SAP SE (ETR:SAPGet Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €250.85 ($285.06) and traded as high as €272.95 ($310.17). SAP shares last traded at €272.35 ($309.49), with a volume of 918,835 shares traded.

SAP Stock Performance

The stock has a 50 day simple moving average of €249.95 and a 200 day simple moving average of €250.85. The company has a quick ratio of 0.92, a current ratio of 1.12 and a debt-to-equity ratio of 25.19. The company has a market cap of $308.68 billion, a price-to-earnings ratio of 100.11, a PEG ratio of 2.73 and a beta of 0.92.

About SAP

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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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