NEW YORK ( TheStreet) -- Sap AG ADR (NYSE: SAP) is trading at unusually high volume Thursday with 7.8 million shares changing hands. It is currently at four times its average daily volume and trading up $1.43 (+2.5%) at $58.16 as of 11:10 a.m. ET.
Sap AG ADR has a market cap of $66.14 billion and is part of the technology sector and computer software & services industry. Shares are up 4.9% year to date as of the close of trading on Wednesday. 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 14.8, above the average computer software & services industry P/E ratio of 14.5 and below 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 increase in net income, revenue growth, notable return on equity, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Sap AG ADR Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.