Company Shares of SAP SE (NYSE:SAP) Rally 2.17%

SAP SE (NYSE:SAP) has been under a strong bear grip, hence the stock is down -3.9% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.88% in the past 1 week. The stock has risen by 2.17% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.35% in the past 4 weeks.

The company shares have rallied 5.51% from its 1 Year high price. On Jun 7, 2016, the shares registered one year high at $82.19 and the one year low was seen on Sep 24, 2015. The 50-Day Moving Average price is $77.95 and the 200 Day Moving Average price is recorded at $78.13.

The stock has recorded a 20-day Moving Average of 0.34% and the 50-Day Moving Average is 1.47%.


SAP SE (NYSE:SAP): stock turned positive on Friday. Though the stock opened at $76.26, the bulls momentum made the stock top out at $76.78 level for the day. The stock recorded a low of $75.92 and closed the trading day at $76.6, in the green by 2.69%. The total traded volume for the day was 1,438,026. The stock had closed at $74.59 in the previous days trading.

SAP SE, formerly SAP AG, is a provider of application and analytics software for enterprises in mobile enterprise management. SAP is an enterprise cloud company. As of December 31, 2014, the Company has more than 282,000 customers in over 180 countries. The Company offers solutions-based on its SAP HANA platform. The SAP HANA platform combines database, data processing, and application platform capabilities in-memory. It also provides capabilities, such as predictive text analytics, spatial processing and data virtualization. The Company offers application software to around 25 industries in six industry sectors and 12 business lines, including consumer, discrete manufacturing, energy and natural resources, financial services, public services and other services. Through Sapphire Ventures, Sapphire Ventures invests in global companies, as well as early-stage venture capital funds in enterprise and consumer technology.

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