Sage Group PLC (OTCMKTS:SGPYY) Short Interest Update

Sage Group PLC (OTCMKTS:SGPYY) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 22,300 shares, a growth of 5,475.0% from the September 30th total of 400 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 125,500 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 125,500 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Zacks Research upgraded Sage Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 21st. Oddo Bhf began coverage on Sage Group in a research note on Thursday, July 10th. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat.com, Sage Group currently has a consensus rating of “Buy”.

Sage Group Stock Performance

Shares of OTCMKTS:SGPYY opened at $62.50 on Tuesday. Sage Group has a 1 year low of $49.22 and a 1 year high of $69.79. The business has a 50 day simple moving average of $59.54 and a two-hundred day simple moving average of $63.58.

Sage Group Company Profile

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.