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

SAP SE (ETR:SAPGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €155.99 and traded as high as €178.84. SAP shares last traded at €177.26, with a volume of 2,845,499 shares trading hands.

SAP Stock Up 0.4%

The firm has a market capitalization of $215.80 billion, a P/E ratio of 69.99, a PEG ratio of 2.73 and a beta of 0.78. The firm has a 50 day moving average of €166.45 and a 200-day moving average of €156.13.

About SAP

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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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