Sap AG ADR Stock Hits New 52-Week High (SAP)

NEW YORK ( TheStreet) -- Sap AG ADR (NYSE: SAP) hit a new 52-week high Friday as it is currently trading at $71.81, above its previous 52-week high of $71.55 with 810,336 shares traded as of 12:58 p.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 35% year to date as of the close of trading on Thursday.

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 34.9, above the average computer software & services industry P/E ratio of 19 and above the S&P 500 P/E ratio of 17.7.

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.

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