The Sage Group (LON:SGE) Stock Crosses Above 200 Day Moving Average - Should You Sell?

The Sage Group plc (LON:SGE - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,192.76 ($15.24) and traded as high as GBX 1,219 ($15.58). The Sage Group shares last traded at GBX 1,207 ($15.42), with a volume of 2,501,778 shares.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SGE. Citigroup reiterated a "buy" rating on shares of The Sage Group in a research note on Tuesday, January 7th. Shore Capital reaffirmed a "hold" rating on shares of The Sage Group in a research report on Thursday, January 30th. Finally, Canaccord Genuity Group reissued a "sell" rating and set a GBX 1,090 ($13.93) price objective on shares of The Sage Group in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of GBX 3,446.67 ($44.04).

The Sage Group Stock Performance

The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 114.00. The firm has a fifty day simple moving average of GBX 1,249.91 and a 200 day simple moving average of GBX 1,197.64. The stock has a market cap of £11.23 billion, a price-to-earnings ratio of 44.12, a PEG ratio of 1.22 and a beta of 0.53.

The Sage Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 11th. Stockholders of record on Thursday, January 9th were issued a dividend of GBX 13.50 ($0.17) per share. This represents a dividend yield of 1.25%. This is an increase from The Sage Group's previous dividend of $6.95. The ex-dividend date of this dividend was Thursday, January 9th. The Sage Group's dividend payout ratio (DPR) is presently 77.74%.

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.