Sage Group (OTCMKTS:SGPYY) Upgraded at Zacks Research

Zacks Research upgraded shares of Sage Group (OTCMKTS:SGPYY) from a hold rating to a strong-buy rating in a research note released on Wednesday,Zacks.com reports.

SGPYY has been the subject of a number of other reports. UBS Group upgraded shares of Sage Group from a “hold” rating to a “buy” rating in a report on Monday, January 12th. Canaccord Genuity Group upgraded Sage Group from a “strong sell” rating to a “hold” rating in a research report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Sage Group Trading Down 1.3%

OTCMKTS:SGPYY opened at $52.23 on Wednesday. The company has a 50-day moving average of $57.09 and a 200-day moving average of $59.50. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.64 and a current ratio of 0.64. Sage Group has a twelve month low of $52.03 and a twelve month high of $69.79.

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.