SUMAU (NASDAQ:SUMAU) Upgraded by Wall Street Zen to Hold Rating

SUMAU (NASDAQ:SUMAU) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday.

SUMAU Stock Performance

Shares of SUMAU stock opened at $10.00 on Friday. SUMAU has a 1 year low of $9.98 and a 1 year high of $10.04.

Insider Transactions at SUMAU

In other news, insider Naseem Saloojee purchased 316,875 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were bought at an average price of $10.00 per share, with a total value of $3,168,750.00. Following the completion of the transaction, the insider directly owned 316,875 shares in the company, valued at approximately $3,168,750. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.