The Sage Group (OTCMKTS:SGPYY) Hits New 1-Year High – Time to Buy?

The Sage Group plc (OTCMKTS:SGPYY) reached a new 52-week high on Wednesday . The stock traded as high as $68.45 and last traded at $65.92, with a volume of 22600 shares. The stock had previously closed at $66.65.

The Sage Group Stock Performance

The firm has a 50-day moving average of $58.41 and a two-hundred day moving average of $55.58.

The Sage Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, January 10th will be issued a dividend of $0.6887 per share. The ex-dividend date is Friday, January 10th. This is a positive change from The Sage Group’s previous dividend of $0.30.

The 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.