Sap SE ADR (SAP) Down -1.64% From Its 52-Week High, But Growth Potential Is Changing Over Time

Sap SE ADR (NYSE:SAP) currently has a daily average trading volume of 858.12K but it saw 732156 shares traded in last market. With a market cap of 253.85B USD, the company’s current market price of $217.62 came rising about 1.73 while comparing to the previous closing price of $213.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $221.24 and as low as $126.75. In the recent trading on the day, stock has struck highest price mark of $212.11 while lowest mark touched by it was $217.905.

Taking a look at 20-day trading activity of Sap SE ADR (SAP) gives us an average price of $216.31, while its current price level is -1.64% below from 52-week high level whereas it is 71.70% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $209.39 while that of 200 days or SMA-200 reads an average of $186.55. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.81% during that period while stretching the period over a month that decreases to 1.37%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.32 which implies that the stock is in neutral territory.

BMO Capital Markets upgraded its recommendation for the stock as a “Outperform” from “Market Perform” on June 28, 2024 while assigning a price target range of $218-$237. Bernstein issued its recommendations for the stock as it initiated the price target for the stock is $227.

Over the week, SAP’s stock price is moving 1.02% up while it is 5.65% when we observe its performance for the past one month. Year-to-date it is 40.77% up and over the past year, the stock is showing an upside performance of 56.37%.

Currently, Sap SE ADR’s total number of outstanding shares is 1.17B. Company’s return on investment (ROI) stands at 5.25% and return on equity (ROE) at 6.02%. It has a price to earnings ratio (P/E ratio) of 94.55 while having a 31.94 of forward P/E ratio. Stock’s beta reads 1.25. Stock has a price to book (P/B) ratio of 5.69 while price to sale or P/S ratio amounts to 7.22. Its return on asset (ROA) is 3.59% on average.