Shares of Sage Group PLC (OTCMKTS:SGPYY – Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $45.84 and traded as low as $45.00. Sage Group shares last traded at $45.41, with a volume of 48,107 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Sage Group in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.
Check Out Our Latest Research Report on SGPYY
Sage Group Stock Performance
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.
See Also
- Five stocks we like better than Sage Group
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
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.
