NEW YORK (

TheStreet

) --

Sap AG ADR

(NYSE:

SAP

) hit a new 52-week high Wednesday as it is currently trading at $68.47, above its previous 52-week high of $68.39 with 109,259 shares traded as of 10 a.m. ET. Average volume has been 1.9 million shares over the past 30 days.

Sap AG ADR has a market cap of $69.07 billion and is part of the

technology

sector and

computer software & services

industry. Shares are up 28.7% year to date as of the close of trading on Tuesday.

SAP AG provides business software primarily in Europe, the Middle East, Africa, the Americas, and the Asia Pacific Japan region. The company has a P/E ratio of 33.2, above the average computer software & services industry P/E ratio of 19 and above the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Sap AG ADR as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Sap AG ADR Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null