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The Sage Group (OTCMKTS:SGPYY) Stock Crosses Above 200-Day Moving Average - Here's Why

The Sage Group logo with Computer and Technology background

The Sage Group plc (OTCMKTS:SGPYY - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $58.55 and traded as high as $66.18. The Sage Group shares last traded at $65.88, with a volume of 16,421 shares.

The Sage Group Stock Performance

The stock's fifty day moving average price is $65.29 and its 200 day moving average price is $58.70. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 1.13.

The Sage Group Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, January 10th will be issued a $0.6887 dividend. This is a positive change from The Sage Group's previous dividend of $0.30. The ex-dividend date is Friday, January 10th.

The Sage Group Company Profile

(Get Free Report)

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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