Sage Group (OTCMKTS:SGPYY) Shares Gap Up – Here’s What Happened
by Doug Wharley · The Cerbat GemSage Group PLC (OTCMKTS:SGPYY – Get Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $43.57, but opened at $45.06. Sage Group shares last traded at $45.1608, with a volume of 3,435 shares traded.
Analyst Ratings Changes
Separately, Morgan Stanley reiterated an “overweight” rating on shares of Sage Group in a research report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Sage Group currently has an average rating of “Buy”.
Check Out Our Latest Stock Analysis on SGPYY
Sage Group Stock Up 5.2%
The stock has a fifty day moving average price of $45.44 and a 200-day moving average price of $47.25.
Sage Group Company Profile
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.