The Sage Group plc (OTCMKTS:SGPYY - Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 1,100 shares, a growth of 83.3% from the May 15th total of 600 shares. Based on an average trading volume of 36,900 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company's stock are sold short.
The Sage Group Price Performance
Shares of The Sage Group stock traded down $1.48 during midday trading on Tuesday, reaching $67.81. 8,881 shares of the company's stock traded hands, compared to its average volume of 28,735. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 1.13. The Sage Group has a 52 week low of $49.22 and a 52 week high of $69.79. The company's 50 day simple moving average is $65.44 and its 200 day simple moving average is $64.76.
The Sage Group Cuts Dividend
The firm also recently disclosed 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 is Friday, May 30th. This represents a dividend yield of 1.4%.
The Sage Group Company Profile
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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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