SAP (ETR:SAP) Trading Down 0.6% – Here’s Why

Shares of SAP SE (ETR:SAPGet Free Report) dropped 0.6% during trading on Tuesday . The stock traded as low as €238.60 ($251.16) and last traded at €240.50 ($253.16). Approximately 1,492,120 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 3,430,000 shares. The stock had previously closed at €242.00 ($254.74).

SAP Trading Down 0.6 %

The stock has a market cap of $279.16 billion, a P/E ratio of 110.46, a price-to-earnings-growth ratio of 2.73 and a beta of 0.92. The company has a debt-to-equity ratio of 20.82, a quick ratio of 0.92 and a current ratio of 1.12. The firm’s fifty day simple moving average is €218.96 and its 200-day simple moving average is €199.52.

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.

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