Why Is It Moving? Looking At Sumo Logic's Price Action Today

The Price And Volume Action In Sumo Logic's Stock Today

Sumo Logic's SUMO stock is trading up 4.12% to a price of $38.28. Thursday the stock has been traded at a volume of 74.59 thousand, about 7.29% of its recent 30-day volume average of 1.02 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Sumo Logic shares are trading higher after Rosenblatt initiated coverage on the stock with a Buy rating and a price target fo $46 per share.

Perspective On Recent Price Action

The moving average price of the stock over the past 50 days was $30.64 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $46.37 and as low as $16.71.

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