Sumo Logic Stock News

Sumo Logic Inc (SUMO) shares closed today at 1.6% above its 52 week low of $11.95, giving the company a market cap of $1B. The stock is currently down 10.5% year-to-date, down 55.4% over the past 12 months, and down 54.8% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 28.8% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 5.8% lower than its 5-day moving average, 11.5% lower than its 20-day moving average, and 24.5% lower than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 188.4% The company's stock price performance over the past 12 months lags the peer average by 522.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Sumo Logic went public in September 2020, raising $326 million in a U.S. IPO. The firm provides continuous monitoring and analysis software for business IT infrastructure - DevSecOps.

Sumo Logic, Inc. (SUMO) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement amo

Analysts expect that Sumo Logic, Inc. (NASDAQ:SUMO) will post earnings per share (EPS) of ($0.17) for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Sumo Logics earnings. The lowest EPS estimate is ($0.17) and the highest is ($0.15). Sumo Logic posted earnings per share of ($0.07) during the same quarter []

Sumo Logic, Inc. (NASDAQ:SUMO) CEO Ramin Sayar sold 3,800 shares of Sumo Logic stock in a transaction dated Monday, December 20th. The stock was sold at an average price of $13.97, for a total transaction of $53,086.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. []

Sumo Logic, Inc. (NASDAQ:SUMO) Director Christian Beedgen sold 8,288 shares of Sumo Logic stock in a transaction on Tuesday, December 21st. The stock was sold at an average price of $13.81, for a total transaction of $114,457.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this []

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Sumo Logic Inc. (NASDAQ:SUMO) traded at $14.15 at close of the session on Monday, 12/20/21, made a downward move of -2.08% on its previous days price. Looking at the stock we see that its previous close was $14.45 with the days price range being $13.3601 $14.32. In terms of its 52-week price range, SUMO What Is The Outlook For Sumo Logic Inc. (NASDAQ: SUMO) Like For Short-Term? Read More »

Sumo Logic, Inc. (NASDAQ:SUMO) General Counsel Katherine Haar sold 2,422 shares of the companys stock in a transaction on Thursday, December 16th. The stock was sold at an average price of $14.10, for a total value of $34,150.20. The sale was disclosed in a filing with the SEC, which is accessible through this link. Shares []

Sumo Logic, Inc. (NASDAQ:SUMO) Director Christian Beedgen sold 20,000 shares of the companys stock in a transaction that occurred on Wednesday, December 15th. The shares were sold at an average price of $14.27, for a total value of $285,400.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. []

Berenberg Bank cut shares of Sumo Logic (NASDAQ:SUMO) from a buy rating to a hold rating in a report released on Friday, Analyst Price Targets reports. They currently have $16.00 target price on the stock. Other equities analysts also recently issued reports about the company. Piper Sandler reduced their price objective on Sumo Logic from []

Four years ago, we launched a diversity series aimed at bringing the most inspirational and powerful women in the tech scene to your attention. Today, wed like you to meet Lynne Doherty, President of Worldwide Field Operations, Sumo Logic. The post Women in Tech: Your career path is in your hands appeared first on JAXenter .

The continuous intelligence platform posted strong quarterly results yesterday evening.

Sumo Logic, Inc. (NASDAQ:SUMO)s stock price traded up 11.8% on Tuesday following a better than expected earnings announcement. The company traded as high as $15.30 and last traded at $15.30. 72,121 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 1,275,649 shares. The stock had previously closed at []