SAP (ETR:SAP) Stock Price Passes Above 200-Day Moving Average of $121.07

Shares of SAP SE (ETR:SAP) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €121.07 ($130.18) and traded as high as €126.70 ($136.24). SAP shares last traded at €126.54 ($136.06), with a volume of 1,297,295 shares changing hands.

SAP Stock Performance

The company has a debt-to-equity ratio of 26.28, a quick ratio of 0.92 and a current ratio of 1.42. The stock’s fifty day moving average price is €125.50 and its 200-day moving average price is €121.07. The company has a market capitalization of $148.85 billion, a P/E ratio of 84.81, a PEG ratio of 1.60 and a beta of 0.99.

About SAP

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.