Sumo Group Plc (LON:SUMO) Insider Carl Cavers Acquires 472 Shares of Stock

Sumo Group Plc (LON:SUMO) insider Carl Cavers acquired 472 shares of the business’s stock in a transaction dated Friday, May 14th. The shares were purchased at an average price of GBX 382 ($4.99) per share, with a total value of £1,803.04 ($2,355.68).

SUMO opened at GBX 372.50 ($4.87) on Tuesday. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 18.43. The firm has a market cap of £637.91 million and a P/E ratio of 372.50. Sumo Group Plc has a 12 month low of GBX 167.75 ($2.19) and a 12 month high of GBX 390 ($5.10). The stock has a 50-day moving average of GBX 361.86 and a 200 day moving average of GBX 325.96.

Several research analysts recently commented on the company. Canaccord Genuity lifted their price target on Sumo Group from GBX 340 ($4.44) to GBX 390 ($5.10) and gave the stock a “buy” rating in a research report on Wednesday, March 31st. Shore Capital reiterated a “buy” rating and issued a GBX 369 ($4.82) price target on shares of Sumo Group in a research report on Friday, April 9th.

Sumo Group Company Profile

Sumo Group Plc, together with its subsidiaries, designs, develops, and provides video games in the United Kingdom, India, and Canada. The company develops games across a range of console platforms, PC, handheld, and mobile devices. It also offers creative and development services to entertainment industry, including games, TV, films, and visual effects.

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