The Sage Group plc (OTCMKTS:SGPYY - Get Free Report) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 600 shares, a decrease of 71.4% from the April 30th total of 2,100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 24,900 shares, the days-to-cover ratio is currently 0.0 days.
The Sage Group Trading Down 0.9%
Shares of The Sage Group stock traded down $0.58 during trading hours on Monday, reaching $65.18. The stock had a trading volume of 47,291 shares, compared to its average volume of 30,512. The stock's 50 day moving average is $63.97 and its 200 day moving average is $64.37. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 1.13. The Sage Group has a twelve month low of $49.22 and a twelve month high of $69.00.
The Sage Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, July 11th. Investors of record on Monday, June 2nd will be given a dividend of $0.3366 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a yield of 1.4%.
About The Sage Group
(
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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.
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