Witnessing the stock’s movement on the chart, on April 01, 2021, Sumo Logic Inc. (NASDAQ: SUMO) set off with pace as it heaved 1.80% to $19.20. During the day, the stock rose to $19.84 and sunk to $18.80 before settling in for the price of $18.86 at the close. Taking a more long-term approach, SUMO posted a 52-week range of $16.50-$46.37.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -76.20%. This publicly-traded company’s shares outstanding now amounts to $102.09 million, simultaneously with a float of $95.67 million. The organization now has a market capitalization sitting at $1.94 billion. At the time of writing, stock’s 50-day Moving Average stood at $29.14.
It is quite necessary to find out the efficiency of the corporate organization, which has 759 number of employees on its payroll. It has generated 266,979 per worker during the last fiscal year. Meanwhile, its income per employee was -105,793. The stock had 5.65 Receivables turnover and 0.50 Total Asset turnover. For the Profitability, stocks gross margin was +72.12, operating margin was -38.32 and Pretax Margin of -38.88.
Sumo Logic Inc. (SUMO) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Infrastructure industry. Sumo Logic Inc.’s current insider ownership accounts for 3.60%, in contrast to 67.50% institutional ownership. According to the most recent insider trade that took place on Apr 01, this organization’s Chief Financial Officer sold 10,500 shares at the rate of 19.22, making the entire transaction reach 201,820 in total value, affecting insider ownership by 444,998. Preceding that transaction, on Mar 25, Company’s Director sold 40,000 for 18.64, making the whole transaction’s value amount to 745,760. This particular insider is now the holder of 1,938,094 in total.
Sumo Logic Inc. (SUMO) Earnings and Revenue Records
As on 1/30/2021, Multinational firm has announced its last quarter scores, in which it reported -$0.07 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.12) by $0.05. This company achieved a net margin of -39.63 while generating a return on equity of -29.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
Sumo Logic Inc.’s EPS decrease for this current 12-month fiscal period is -76.20% and is forecasted to reach -0.42 in the upcoming year.
Sumo Logic Inc. (NASDAQ: SUMO) Trading Performance Indicators
Let’s observe the current performance indicators for Sumo Logic Inc. (SUMO). It’s Quick Ratio in the last reported quarter now stands at 3.60. The Stock has managed to achieve an average true range (ATR) of 1.95. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.56.
In the same vein, SUMO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.99, a figure that is expected to reach -0.12 in the next quarter, and analysts are predicting that it will be -0.42 at the market close of one year from today.
Technical Analysis of Sumo Logic Inc. (SUMO)
Going through the that latest performance of [Sumo Logic Inc., SUMO]. Its last 5-days volume of 2.09 million indicated improvement to the volume of 1.55 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 52.66% While, its Average True Range was 1.67.
Raw Stochastic average of Sumo Logic Inc. (SUMO) in the period of the previous 100 days is set at 9.04%, which indicates a major fall in contrast to 42.93% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 60.86% that was lower than 93.45% volatility it exhibited in the past 100-days period.