SAP (ETR:SAP) Shares Cross Above 200-Day Moving Average - Should You Sell?


SAP (ETR:SAP) Shares Cross Above 200-Day Moving Average   - Should You Sell?

Shares of SAP SE (ETR:SAP - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €185.67 ($201.82) and traded as high as €208.60 ($226.74). SAP shares last traded at €208.60 ($226.74), with a volume of 1,282,328 shares changing hands.

The company has a quick ratio of 0.92, a current ratio of 1.12 and a debt-to-equity ratio of 20.82. The company has a market capitalization of $247.51 billion, a PE ratio of 96.13, a price-to-earnings-growth ratio of 2.65 and a beta of 0.92. The firm has a 50-day moving average of €197.87 and a two-hundred day moving average of €185.67.

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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