Shares of SAP SE (NYSE:SAP) Sees Large Outflow of Money

SAP SE (NYSE:SAP) managed to stay afloat and traded higher with an addition of 0.99 point or 1.27% at $79.08. The money flow data is a negative $(-0.33) million with $0.38 million in upticks and $0.71 million in downticks. The intraday up/down ratio came in at 0.53. The shares have seen 2.83% change for the week in its share price.


The stock has recorded a 20-day Moving Average of 0% and the 50-Day Moving Average is 1.42%. The company shares have rallied 4.85% in the past 52 Weeks. On June 7, 2016 The shares registered one year high of $82.19 and one year low was seen on September 24, 2015 at $62.57. The 50-day moving average is $78.64 and the 200 day moving average is recorded at $78.38. S&P 500 has rallied 1.93% during the last 52-weeks.

SAP SE (NYSE:SAP): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $79.15 and $78.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $79.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $79.42, notching a gain of 1.70% for the day. The total traded volume was 994,650 . The stock had closed at $78.09 on the previous day.

Institutional Investors own 3.44% of SAP SE shares.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.