Sage Group PLC (OTCMKTS:SGPYY – Get Free Report)’s share price rose 6.7% on Tuesday . The stock traded as high as $48.88 and last traded at $48.88. 1,884 shares changed hands during trading, a decline of 97% from the average daily volume of 73,687 shares. The stock had previously closed at $45.79.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley reiterated an “overweight” rating on shares of Sage Group in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy”.
View Our Latest Stock 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.
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