Sage Group (OTCMKTS:SGPYY) Upgraded by Zacks Research to “Strong-Buy” Rating

Sage Group (OTCMKTS:SGPYY) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

Other equities research analysts also recently issued reports about the stock. UBS Group upgraded shares of Sage Group from a “hold” rating to a “buy” rating in a research report on Monday, January 12th. Canaccord Genuity Group upgraded Sage Group from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy”.

Sage Group Stock Down 3.4%

Shares of SGPYY opened at $52.93 on Wednesday. The company’s 50-day moving average is $57.17 and its 200-day moving average is $59.60. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.64 and a quick ratio of 0.64. Sage Group has a fifty-two week low of $52.03 and a fifty-two week high of $69.79.

Sage Group Company Profile

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.