Sage Group PLC (OTCMKTS:SGPYY – Get Free Report) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 7,886 shares, a growth of 3,882.8% from the February 26th total of 198 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 210,327 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 210,327 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.
Analyst Ratings Changes
Several brokerages have recently weighed in on SGPYY. Canaccord Genuity Group raised Sage Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 2nd. UBS Group raised Sage Group from a “hold” rating to a “buy” rating in a research note on Monday, January 12th. Finally, Zacks Research cut Sage Group from a “strong-buy” rating to a “hold” rating in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Sage Group currently has an average rating of “Buy”.
Read Our Latest Analysis on SGPYY
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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