Sage Group PLC (OTCMKTS:SGPYY – Get Free Report) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 1,942 shares, an increase of 130.6% from the January 29th total of 842 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 176,759 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 176,759 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the stock. UBS Group raised shares of Sage Group from a “hold” rating to a “buy” rating in a research note on Monday, January 12th. Zacks Research raised Sage Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 28th. Finally, Canaccord Genuity Group upgraded Sage Group from a “hold” rating to a “strong-buy” rating in a report on Monday, February 2nd. Two analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy”.
Get Our Latest Analysis on Sage Group
Sage Group Price 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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