The Sage Group (OTCMKTS:SGPYY) Stock Price Passes Below Fifty Day Moving Average – Here’s Why

The Sage Group plc (OTCMKTS:SGPYYGet Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $53.36 and traded as low as $52.97. The Sage Group shares last traded at $53.43, with a volume of 60,237 shares changing hands.

Analyst Ratings Changes

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

Read Our Latest Analysis on SGPYY

The Sage Group Stock Performance

The firm has a 50 day moving average price of $53.41 and a two-hundred day moving average price of $55.43.

The Sage Group Company Profile

(Get Free Report)

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.

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