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Latest SAP News From Around the Web
Below are the latest news stories about Sap Se that investors may wish to consider to help them evaluate SAP as an investment opportunity.
Stocks that moved heavily or traded substantially on Thursday: Walgreens, Bed Bath & Beyond fall; Costco, SAP rise
Increased competition and costly, aging infrastructure motivated the choice to permanently close paper machine No. 9 and reduce the mill's workforce by 30 percent, the company said.
European stocks rose on Thursday as software giant SAP signalled a rebound in its business from a coronavirus hit and China's stock markets extended a rally, supporting risk sentiment in the continent.
European stocks advanced on Thursday, heading higher after two days of losses as one of the Continent’s biggest technology companies said its recovery was…
Shares in SAP jumped 7per cent on Thursday to the top of Germany's blue-chip index after the software maker confirmed its outlook and said its quarterly business activity recovered from the effects of a global lockdown faster than expected.
In the current session, SAP Inc. (NYSE: SAP) is trading at $155.29, after a 5.68% spike. Over the past month, the stock increased by 19.92%, and in the past year, by 13.54%. With performance like this, long-term shareholders optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently above from its 52 week high by 4.99%.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the s...
SAP SE (SAP) announces encouraging preliminary second-quarter 2020 results with lesser than anticipated decline in Software licenses revenues.
(Bloomberg) -- SAP SE, Europe’s largest technology company, reported better-than-expected preliminary results for second-quarter revenue, buoyed by a resumption in software deals in Asia.Sales climbed 2% to 6.74 billion euros ($7.66 billion) in the quarter that ended June 30, the Walldorf, Germany-based company said Wednesday in a statement. Analysts, on average, estimated 6.61 billion euros, according to data compiled by Bloomberg.While software license revenues were below normal levels, they recovered more than expected in the most recent period, the company said. SAP said in April that deal activity had effectively ground to a halt because of the Covid-19 pandemic that forced people to remain in their homes to prevent the spread of the virus. The company saw renewed demand in the Asi...
European stocks rose on Thursday as software giant SAP signalled a rebound in its business from a coronavirus hit, while optimism over China's recovery helped Germany outperform. The broader European equities index rose 0.3% in early deals.