Sage Group (OTCMKTS:SGPYY) Sees Large Volume Increase - What's Next?

Sage Group PLC (OTCMKTS:SGPYY - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 56,982 shares traded hands during trading, an increase of 69% from the previous session's volume of 33,796 shares.The stock last traded at $67.10 and had previously closed at $66.12.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Jefferies Financial Group restated a "buy" rating on shares of Sage Group in a research report on Wednesday, June 25th. Oddo Bhf assumed coverage on Sage Group in a report on Thursday. They set an "outperform" rating for the company.

Sage Group Stock Down 0.7%

The business's fifty day moving average is $67.23 and its two-hundred day moving average is $64.94.

Sage Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 11th. Shareholders of record on Monday, June 2nd will be paid a $0.3366 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a dividend yield of 1.4%.

Sage Group Company Profile

The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in the United States, the United Kingdom, France, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software product and financial management software; Sage People, a HR and people management solution; Sage 200, a finance and business management solution; Sage X3, a business management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to manage customer data, accounts, and people; Sage Payroll for small businesses manage their payroll; and Sage HR for small and mid-sized businesses for record management, leave management, staff scheduling, and expenses services.