The Sage Group (LON:SGE) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

The Sage Group plc (LON:SGE - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,211.64 ($16.08) and traded as high as GBX 1,217 ($16.15). The Sage Group shares last traded at GBX 1,198 ($15.90), with a volume of 2,080,151 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Canaccord Genuity Group restated a "sell" rating and issued a GBX 1,090 ($14.47) price objective on shares of The Sage Group in a report on Thursday, January 30th. Shore Capital restated a "hold" rating on shares of The Sage Group in a research note on Thursday, January 30th. Finally, Citigroup reiterated a "buy" rating on shares of The Sage Group in a research note on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of GBX 3,446.67 ($45.75).

The Sage Group Trading Up 2.4 %

The stock has a market cap of £12.62 billion, a price-to-earnings ratio of 49.58, a P/E/G ratio of 1.22 and a beta of 0.53. The business's 50 day moving average is GBX 1,197.58 and its 200 day moving average is GBX 1,216.80. The company has a debt-to-equity ratio of 114.00, a current ratio of 0.76 and a quick ratio of 0.58.

The Sage Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 11th. Stockholders of record on Thursday, January 9th were given a dividend of GBX 13.50 ($0.18) per share. This is a boost from The Sage Group's previous dividend of $6.95. This represents a dividend yield of 1.25%. The ex-dividend date was Thursday, January 9th. The Sage Group's dividend payout ratio is currently 77.74%.

The 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.