The Sage Group plc (OTCMKTS:SGGEF – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 441,707 shares, a decline of 35.1% from the July 30th total of 680,760 shares. Based on an average trading volume of 4,848 shares, the days-to-cover ratio is presently 91.1 days.
The Sage Group Trading Down 0.4%
OTCMKTS SGGEF opened at $14.64 on Thursday. The company has a fifty day moving average price of $12.62 and a 200-day moving average price of $11.83. The Sage Group has a 1 year low of $10.54 and a 1 year high of $16.40.
About The Sage Group
The Sage Group (OTCMKTS: SGGEF) is a UK‐based multinational provider of business management software and related services. Founded in 1981 and headquartered in Newcastle upon Tyne, England, Sage develops solutions designed to help small and medium‐sized enterprises (SMEs) automate accounting, payroll, human capital management, payments and enterprise resource planning (ERP) functions. The company’s offerings span on‐premise installations as well as cloud‐based subscription services, reflecting a broad commitment to digital transformation for its customers.
Sage’s core portfolio includes cloud platforms such as Sage Intacct, Sage Business Cloud Accounting, Sage Business Cloud Payroll and HR, as well as industry‐specific ERP systems including Sage 50cloud, Sage 200cloud and Sage X3.
See Also
- Five stocks we like better than The Sage Group
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Receive News & Ratings for The Sage Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Sage Group and related companies with MarketBeat.com's FREE daily email newsletter.
