The Sage Group (OTCMKTS:SGPYY) Hits New 52-Week High – Should You Buy?

Shares of The Sage Group plc (OTCMKTS:SGPYY) reached a new 52-week high during trading on Wednesday . The company 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 Trading Down 0.3 %

The firm’s 50-day simple moving average is $58.93 and its two-hundred day simple moving average is $55.72.

The Sage Group Increases Dividend

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

About The Sage Group

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.