How to buy Sumo Logic stock | $20.65

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.

Sumo Logic stock price (NASDAQ: SUMO)

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

Sumo Logic shares at a glance

• Key figures

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

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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.

Technical Analysis of Sumo Logic, Inc by TradingView

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.

• Dynatrace (DT.US): 3.52
• Datadog (DDOG.US): 6.41
• Splunk (SPLK.US): 2.39
• New Relic (NEWR.US): 11.38
• Elastic N-V (ESTC.US): 11.1

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