The Sage Group (OTCMKTS:SGPYY) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

The Sage Group plc (OTCMKTS:SGPYY)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $59.66 and traded as high as $67.54. The Sage Group shares last traded at $65.46, with a volume of 20,967 shares trading hands.

The Sage Group Trading Down 0.5 %

The company has a 50 day simple moving average of $60.15 and a 200-day simple moving average of $56.14.

The Sage Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, January 10th will be paid a dividend of $0.6887 per share. The ex-dividend date is Friday, January 10th. This is a boost 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.