Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Sumo Logic stock | $20.65

Learn how to easily invest in Sumo Logic stock.

Sumo Logic, Inc
NASDAQ: SUMO - USD
SOFTWARE-APPLICATION
$19.91
-$0.72 (-3.49%)

Sumo Logic, Inc is a software-application business based in the US. Sumo Logic shares (SUMO) are listed on the NASDAQ and all prices are listed in US Dollars. Sumo Logic employs 759 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Sumo Logic

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – SUMO – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Sumo Logic stock price (NASDAQ: SUMO)

Use our graph to track the performance of SUMO stocks over time.

Sumo Logic shares at a glance

Information last updated 2021-07-28.
Latest market close$20.65
52-week range$15.80 - $202.20
50-day moving average $20.94
200-day moving average $23.66
Wall St. target price$25.63
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) N/A

Buy Sumo Logic shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Asset types Option trade fee Annual fee Signup bonus
Robinhood
Stocks, Options, ETFs
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Sofi Invest
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
Public
Stocks, ETFs
N/A
$0 per month
Download and sign up with Public.com; approved accounts receive a free stock slice worth up to $70, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
Webull
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $3.00 and $300 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
J.P. Morgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract
0%
N/A
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Moomoo
Stocks, Options, ETFs
$0
$0 per year
N/A
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Sumo Logic stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Sumo Logic price performance over time

Historical closes compared with the close of $20.65 from 2021-06-08

1 week (2021-07-25) N/A
1 month (2021-07-02) 20.65
3 months (2021-05-05) 17.00%
6 months (2021-02-01) N/A
1 year (2020-08-01) N/A
2 years (2019-08-01) N/A
3 years (2018-08-01) N/A
5 years (2016-08-01) N/A

Sumo Logic financials

Revenue TTM $209.7 million
Gross profit TTM $146.1 million
Return on assets TTM -11.79%
Return on equity TTM -31.75%
Profit margin -39.9%
Book value $4.00
Market capitalisation $2.3 billion

TTM: trailing 12 months

Shorting Sumo Logic shares

There are currently 5.6 million Sumo Logic shares held short by investors – that's known as Sumo Logic's "short interest". This figure is 7.7% up from 5.2 million last month.

There are a few different ways that this level of interest in shorting Sumo Logic shares can be evaluated.

Sumo Logic's "short interest ratio" (SIR)

Sumo Logic's "short interest ratio" (SIR) is the quantity of Sumo Logic shares currently shorted divided by the average quantity of Sumo Logic shares traded daily (recently around 2.1 million). Sumo Logic's SIR currently stands at 2.7. In other words for every 100,000 Sumo Logic shares traded daily on the market, roughly 2700 shares are currently held short.

To gain some more context, you can compare Sumo Logic's short interest ratio against those of similar companies.

However Sumo Logic's short interest can also be evaluated against the total number of Sumo Logic shares, or, against the total number of tradable Sumo Logic shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Sumo Logic's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Sumo Logic shares in existence, roughly 50 shares are currently held short) or 0.0703% of the tradable shares (for every 100,000 tradable Sumo Logic shares, roughly 70 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Sumo Logic.

Find out more about how you can short Sumo Logic stock.

Sumo Logic share dividends

We're not expecting Sumo Logic to pay a dividend over the next 12 months.

Sumo Logic overview

Sumo Logic, Inc. provides cloud-native software-as-a-service platform that enables organizations to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing worldwide. Its platform enables organizations to automate the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights. The company offers a suite of solutions to address areas, such as operational intelligence, security intelligence, business intelligence, and global intelligence. Sumo Logic, Inc. was incorporated in 2010 and is headquartered in Redwood City, California. .

Frequently asked questions

What percentage of Sumo Logic is owned by insiders or institutions?
Currently 2.868% of Sumo Logic shares are held by insiders and 62.453% by institutions.
How many people work for Sumo Logic?
Latest data suggests 759 work at Sumo Logic.
When does the fiscal year end for Sumo Logic?
Sumo Logic's fiscal year ends in January.
Where is Sumo Logic based?
Sumo Logic's address is: 305 Main Street, Redwood City, CA, United States, 94063
What is Sumo Logic's ISIN number?
Sumo Logic's international securities identification number is: US86646P1030

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site