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From a valuation standpoint, the stock is 81.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 4.6.
Based on the above factors, Sumo Logic, Inc gets an overall score of 1/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US86646P1030 |
Sector | Technology |
Industry | Software - Infrastructure |
Market Cap | 1B |
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Beta | 1.3 |
Dividend Yield | 0.0% |
PE Ratio | None |
Target Price | 12.05 |
Sumo Logic, Inc. provides cloud-native software-as-a-service platform that enables organizations to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing worldwide. It offers Continuous Intelligence Platform, a cloud-native, multi-tenant, and secure service that leverages to enable reliability and security of cloud applications and workloads. The company also provides observability solution, an out-of-the-box solution for managing their application reliability for cloud applications; and security solution that helps developers, security analysts, and security operation centers that detect threats, perform security analysis and forensics, and automate security responses to remediate against those threats for cloud applications. Sumo Logic, Inc. was incorporated in 2010 and is headquartered in Redwood City, California. As of May 12, 2023, Sumo Logic, Inc. was taken private.
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