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After Today's Huge Increase, Is SAP SE (SAP)'s Near-Term Analysis Positive? - Invest Tribune

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The stock of SAP SE (NYSE:SAP) is a huge mover today! The stock increased 10.26% or $11.78 during the last trading session, reaching $126.58. About 2.13M shares traded or 194.54% up from the average. SAP SE (NYSE:SAP) has risen 5.22% since April 24, 2018 and is uptrending. It has outperformed by 0.85% the S&P500.
The move comes after 8 months positive chart setup for the $150.62B company. It was reported on Apr, 24 by Barchart.com. We have $136.71 PT which if reached, will make NYSE:SAP worth $12.05 billion more.

More notable recent SAP SE (NYSE:SAP) news were published by: Seekingalpha.com which released: “SAP acquires Qualtrics International just before IPO – Seeking Alpha” on November 11, 2018, also Benzinga.com with their article: “24 Stocks Moving In Wednesday’s Pre-Market Session – Benzinga” published on April 24, 2019, Forbes.com published: “Cloud Business Continues To Boost SAP’s 3Q’18 Earnings; Raises Outlook For 2018 – Forbes” on October 22, 2018. More interesting news about SAP SE (NYSE:SAP) were released by: Forbes.com and their article: “Can Cloud Business Continue To Drive SAP Growth? – Forbes” published on January 28, 2019 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For April 9, 2019 – Benzinga” with publication date: April 09, 2019.

SAP SE operates as an enterprise application software and database firm worldwide. The company has market cap of $150.62 billion. It offers SAP HANA and SAP S/4HANA, which are in-memory computing platforms that store and process huge data, and eliminate the maintenance of separate legacy systems and siloed data; SAP BW/4HANA, a data warehouse software; SAP S/4HANA Cloud, a software-as-a-service solution that provides the scalability, ease of management, and security; SAP SuccessFactors, a suite of human capital management solutions to develop, manage, engage, and empower the workforce; SAP Concur, a travel and expense management solution; SAP Ariba, a guided buying, light enablement, and open platform solution; and SAP Fieldglass, a solution to procure and manage external workforce. It has a 30.58 P/E ratio. The firm also provides SAP Cloud Platform, an in-memory platform-as-a-service to build, run, and extend business applications; SAP BusinessObjects Cloud, a cloud analytics solution; SAP Digital Boardroom, a solution to access firm data in real time; and SAP Leonardo, a solution to digitize manufacturing, logistics, and asset management processes, as well as maintenance, consulting, and training services.

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Original author: SAP ariba - Google News
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