The Sage Group (OTCMKTS:SGPYY) Share Price Crosses Below 50-Day Moving Average – What’s Next?

The Sage Group plc (OTCMKTS:SGPYY)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $63.92 and traded as low as $63.57. The Sage Group shares last traded at $64.20, with a volume of 17,563 shares traded.

The Sage Group Price Performance

The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a 50-day moving average of $63.92 and a 200-day moving average of $57.24.

The Sage Group Increases Dividend

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

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.