The Sage Group (OTCMKTS:SGPYY) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Shares of The Sage Group plc (OTCMKTS:SGPYY) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $65.26 and traded as high as $66.01. The Sage Group shares last traded at $65.03, with a volume of 11,256 shares changing hands.

The Sage Group Stock Performance

The company’s fifty day moving average is $65.26 and its 200 day moving average is $59.05. 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 Sage Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, January 10th will be paid a dividend of $0.6887 per share. This is a boost from The Sage Group’s previous dividend of $0.30. The ex-dividend date is Friday, January 10th.

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.