SAP (ETR:SAP) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

SAP SE (ETR:SAPGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €154.91 and traded as high as €182.16. SAP shares last traded at €180.02, with a volume of 3,647,397 shares traded.

SAP Price Performance

The firm has a market cap of $220.69 billion, a P/E ratio of 71.58, a PEG ratio of 2.73 and a beta of 0.76. The stock’s 50 day moving average is €155.01 and its two-hundred day moving average is €155.15.

About SAP

(Get Free Report)

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.

Further Reading

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