Sage Group PLC (OTCMKTS:SGPYY - Get Free Report) shares saw strong trading volume on Monday . 342,925 shares traded hands during trading, an increase of 254% from the previous session's volume of 96,972 shares.The stock last traded at $46.3780 and had previously closed at $44.4720.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the stock. Zacks Research cut shares of Sage Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 27th. Canaccord Genuity Group upgraded shares of Sage Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 2nd. Finally, UBS Group upgraded shares of Sage Group from a "hold" rating to a "buy" rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy".
Get Our Latest Stock Analysis on SGPYY
Sage Group Stock Up 4.4%
The business's fifty day moving average price is $44.87 and its 200-day moving average price is $53.59. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 2.17.
About Sage Group
(
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Sage Group plc is a global provider of business management software and services tailored primarily to small and medium-sized enterprises. The company delivers a suite of cloud-based and on-premises solutions designed to simplify accounting, payroll, human resources, enterprise resource planning (ERP) and payment processing. Through its flagship Sage Business Cloud platform, Sage enables customers to manage financials, operations and workforce activities via integrated applications and data analytics.
The company's product portfolio includes accounting and invoicing tools, payroll management systems, payment solutions and HR management software.
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