SAP (ETR:SAP) Shares Pass Above 200-Day Moving Average of $145.52

Shares of SAP SE (ETR:SAP) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €145.52 ($158.17) and traded as high as €183.18 ($199.11). SAP shares last traded at €182.60 ($198.48), with a volume of 1,468,078 shares trading hands.

SAP Trading Down 0.3 %

The company has a debt-to-equity ratio of 20.25, a current ratio of 1.40 and a quick ratio of 0.92. The firm’s fifty day moving average price is €167.63 and its 200-day moving average price is €145.52. The company has a market cap of $212.99 billion, a price-to-earnings ratio of 59.29, a P/E/G ratio of 3.94 and a beta of 0.97.

SAP Company Profile

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.