The Sage Group plc (OTCMKTS:SGPYY - Get Free Report) was the recipient of a large drop in short interest in January. As of January 31st, there was short interest totalling 100 shares, a drop of 93.8% from the January 15th total of 1,600 shares. Based on an average daily trading volume, of 95,500 shares, the days-to-cover ratio is presently 0.0 days.
The Sage Group Stock Performance
Shares of The Sage Group stock traded up $0.44 during trading hours on Friday, hitting $66.46. 16,162 shares of the company's stock traded hands, compared to its average volume of 34,549. The Sage Group has a 12-month low of $49.22 and a 12-month high of $68.45. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 1.13. The company has a fifty day simple moving average of $65.29 and a 200-day simple moving average of $58.68.
The Sage Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Friday, January 10th will be given a $0.6887 dividend. This is a positive change from The Sage Group's previous dividend of $0.30. The ex-dividend date of this dividend is Friday, January 10th.
About The Sage Group
(
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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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