The Sage Group (OTCMKTS:SGPYY) Sets New 12-Month High – Still a Buy?

The Sage Group plc (OTCMKTS:SGPYY) shares hit a new 52-week high on Monday . The company traded as high as $66.15 and last traded at $65.51, with a volume of 22437 shares changing hands. The stock had previously closed at $64.94.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded shares of The Sage Group to a “strong sell” rating in a report on Wednesday, July 31st.

The Sage Group Stock Performance

The firm’s 50 day moving average price is $54.61 and its two-hundred day moving average price is $54.43.

About The Sage Group

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.