Sage Group (The) PLC logo

Sage Group (The) PLC - ADR

OTCPK:SGPYY (UK)   ADR
$ 59.14 +1.48 (+2.57%) 10:08 PM EST
59.02
P/B:
8.56
Market Cap:
$ 14.79B
Enterprise V:
$ 15.48B
Volume:
14.89K
Avg Vol (2M):
11.04K
Also Trade In:
Volume:
14.89K
Avg Vol (2M):
11.04K

Business Description

Description
The Sage Group is a U.K.-based provider of accounting and enterprise resource planning, or ERP, software, predominantly to customers in the U.S. and Europe. The company was founded in 1981 and historically sold on-premises software products with perpetual software licenses. However, the company is transitioning toward cloud connected and cloud native products, sold via software-as-a-service, or SaaS, contracts. Sage's main cloud native products include Sage Accounting, for small businesses, and Sage Intacct, which Sage acquired in 2017, for midsize businesses.