The Sage Group plc (OTCMKTS:SGPYY – Get Free Report) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 12,500 shares, an increase of 12,400.0% from the January 31st total of 100 shares. Based on an average trading volume of 36,400 shares, the days-to-cover ratio is presently 0.3 days.
The Sage Group Stock Performance
Shares of OTCMKTS:SGPYY traded up $0.26 during trading on Thursday, reaching $64.88. The stock had a trading volume of 19,866 shares, compared to its average volume of 28,099. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.76 and a current ratio of 0.76. The Sage Group has a 1-year low of $49.22 and a 1-year high of $68.45. The business has a fifty day moving average price of $65.17 and a 200-day moving average price of $59.37.
The Sage Group Increases Dividend
The firm also recently announced a dividend, which was paid on Wednesday, February 26th. Shareholders of record on Friday, January 10th were paid a dividend of $0.6887 per share. The ex-dividend date was Friday, January 10th. This is a boost from The Sage Group’s previous dividend of $0.30.
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.
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