Shares of Sage Group PLC (OTCMKTS:SGPYY – Get Free Report) saw strong trading volume on Wednesday . 37,993 shares changed hands during trading, a decline of 49% from the previous session’s volume of 74,454 shares.The stock last traded at $44.37 and had previously closed at $44.76.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley reissued 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 given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.
Check Out Our Latest Analysis 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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