SAP (ETR:SAP) Share Price Passes Above Two Hundred 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 Tuesday . The stock has a two hundred day moving average of €205.95 ($212.32) and traded as high as €238.55 ($245.93). SAP shares last traded at €236.30 ($243.61), with a volume of 723,232 shares.

SAP Stock Performance

The stock’s fifty day simple moving average is €228.10 and its 200-day simple moving average is €206.16. The company has a market capitalization of $276.47 billion, a price-to-earnings ratio of 109.40, a price-to-earnings-growth 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 20.82.

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.