Should Software - Infrastructure Stock Sumo Logic Inc (SUMO) Be in Your Portfolio Monday?

Monday, March 27, 2023 12:21 PM | InvestorsObserver Analysts

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Should Software - Infrastructure Stock Sumo Logic Inc (SUMO) Be in Your Portfolio Monday?

The 64 rating InvestorsObserver gives to Sumo Logic Inc (SUMO) stock puts it near the top of the Software - Infrastructure industry. In addition to scoring higher than 89 percent of stocks in the Software - Infrastructure industry, SUMO’s 64 overall rating means the stock scores better than 64 percent of all stocks.

SUMO has an Overall Score of 64. Find out what this means to you and get the rest of the rankings on SUMO!

See Full SUMO Report

What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 64 would rank higher than 64 percent of all stocks. This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in any industry with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What's Happening With Sumo Logic Inc Stock Today?

Sumo Logic Inc (SUMO) stock is trading at $11.97 as of 12:21 PM on Monday, Mar 27, an increase of $0.07, or 0.59% from the previous closing price of $11.90. Volume today is above average. So far 4,361,754 shares have traded compared to average volume of 3,342,164 shares. The stock has traded between $11.96 and $12.06 so far today. Click Here to get the full Stock Report for Sumo Logic Inc stock.