Sumo Group (LON:SUMO)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a research report issued on Tuesday, Stock Target Advisor reports.

Separately, Peel Hunt reaffirmed a “buy” rating on shares of Sumo Group in a research report on Monday, February 24th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of GBX 178.80 ($2.35).

Shares of SUMO stock traded down GBX 6.75 ($0.09) during trading hours on Tuesday, reaching GBX 168.25 ($2.21). 119,072 shares of the company’s stock were exchanged, compared to its average volume of 169,793. The stock’s 50 day moving average is GBX 187.93 and its 200-day moving average is GBX 168.71. The company has a market cap of $255.35 million and a price-to-earnings ratio of 105.16. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 10.59. Sumo Group has a fifty-two week low of GBX 125.50 ($1.65) and a fifty-two week high of GBX 205 ($2.70).

In other news, insider Carl Cavers sold 500,000 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of GBX 195 ($2.57), for a total transaction of £975,000 ($1,282,557.22).

Sumo Group Company Profile

Sumo Group Plc, together with its subsidiaries, develops and provides video games in the United Kingdom. The company develops games across a range of console platforms, PC, handheld, and mobile devices. It also offers services to entertainment industry, including games, TV, and film. The company was founded in 2003 and is headquartered in Sheffield, the United Kingdom.

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Analyst Recommendations for Sumo Group (LON:SUMO)

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