Peel Hunt reiterated their buy rating on shares of Sumo Group (LON:SUMO) in a research report released on Monday morning, ThisIsMoney.Co.Uk reports.

Separately, Berenberg Bank reaffirmed a buy rating on shares of Sumo Group in a research note on Tuesday, March 3rd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of GBX 178.80 ($2.35).

Shares of Sumo Group stock opened at GBX 148 ($1.95) on Monday. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 10.59. The company has a market cap of $224.62 million and a PE ratio of 92.50. The business has a 50 day moving average of GBX 171.58 and a 200 day moving average of GBX 167.85. Sumo Group has a 52 week low of GBX 125.50 ($1.65) and a 52 week high of GBX 205 ($2.70).

In related news, insider Carl Cavers sold 500,000 shares of the company’s stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of GBX 195 ($2.57), for a total value 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.

Featured Article: How to invest in a bear market

Analyst Recommendations for Sumo Group (LON:SUMO)

Receive News & Ratings for Sumo Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sumo Group and related companies with MarketBeat.com's FREE daily email newsletter.