Sumo Group (SUMO) Earns “Buy” Rating from Peel Hunt

Sumo Group (LON:SUMO)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a report released on Friday.

Separately, Berenberg Bank reissued a “buy” rating on shares of Sumo Group in a research report on Thursday, November 8th.

Shares of LON SUMO opened at GBX 136.06 ($1.78) on Friday. Sumo Group has a fifty-two week low of GBX 96 ($1.25) and a fifty-two week high of GBX 120 ($1.57).

In other news, insider Andrea Dunstan purchased 20,000 shares of Sumo Group stock in a transaction that occurred on Friday, November 16th. The stock was bought at an average price of GBX 150 ($1.96) per share, with a total value of £30,000 ($39,200.31). Also, insider David Wilton purchased 12,500 shares of Sumo Group stock in a transaction that occurred on Thursday, November 22nd. The shares were purchased at an average cost of GBX 138 ($1.80) per share, with a total value of £17,250 ($22,540.18).

About Sumo Group

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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