Sage Group PLC (OTCMKTS:SGPYY – Get Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $46.26, but opened at $44.28. Sage Group shares last traded at $44.03, with a volume of 1,682 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research lowered Sage Group from a “strong-buy” rating to a “hold” rating in a report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy”.
Get Our Latest Stock Analysis on SGPYY
Sage Group Trading Down 4.9%
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.
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