SAP (ETR:SAP) Shares Cross Above 200-Day Moving Average – Here’s What Happened

SAP SE (ETR:SAP)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €254.42 ($295.84) and traded as high as €269.35 ($313.20). SAP shares last traded at €263.10 ($305.93), with a volume of 1,079,386 shares changing hands.

SAP Trading Down 1.7%

The stock’s fifty day moving average price is €261.32 and its 200 day moving average price is €254.42. The stock has a market cap of $298.47 billion, a P/E ratio of 96.80, a PEG ratio of 2.73 and a beta of 0.92. The company has a current ratio of 1.12, a quick ratio of 0.92 and a debt-to-equity ratio of 25.19.

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.