SAP SE (SAP): The stock had negative money flow to the tune of ($4.39 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $5.69 million, whereas, the outflow of money on downticks was $10.08 million and the ratio between the two was 0.56. The block trade had a negative net money flow of ($4.39 million). On the other hand, downticks amounted to $4.39 million of the traded value, which shows distribution in the stock by traders. SAP SE (SAP) closed with marginal gains of 44 cents to end the day at $87.97, an increase of 0.5% over the previous days close. The stock recorded 2.04% for the week.
Shares of SAP SE rose by 2.48% in the last five trading days and 11.43% for the last 4 weeks. SAP SE is up 13.07% in the last 3-month period. Year-to-Date the stock performance stands at 13.14%.
SAP SE (NYSE:SAP): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $87.76 and $87.69 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $88.17. The buying momentum continued till the end and the stock did not give up its gains. It closed at $88.00, notching a gain of 0.54% for the day. The total traded volume was 437,266 . The stock had closed at $87.53 on the previous day.
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.