Sage Group PLC (OTCMKTS:SGPYY – Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,140 shares, a decline of 69.3% from the June 30th total of 3,715 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 97,709 shares, the days-to-cover ratio is presently 0.0 days.
Sage Group Price Performance
Sage Group stock opened at $47.26 on Tuesday. The stock’s fifty day moving average is $45.39 and its two-hundred day moving average is $47.10. Sage Group has a fifty-two week low of $41.80 and a fifty-two week high of $68.52.
Analysts Set New Price Targets
Separately, Morgan Stanley reiterated an “overweight” rating on shares of Sage Group in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy”.
About Sage Group
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.
Featured Stories
- Five stocks we like better than Sage Group
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for Sage Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sage Group and related companies with MarketBeat.com's FREE daily email newsletter.
