Sumo Logic provides a software analytics platform, which it refer to as Continuous Intelligence Platform that enables organizations to address challenges with their cloud applications, including cloud application reliability, cloud application security, and insights into cloud application infrastructure. Co. provides its customers a solution for managing their application reliability through its observability solution for cloud applications. Co.'s security solution helps developers, security analysts, and security operation centers detect threats, perform security analysis and forensics, and automate security responses to remediate against those threats for their cloud applications. We show 11 historical shares outstanding datapoints in our SUMO shares outstanding history coverage, used to compute SUMO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SUMO market cap history over the course of time is important for investors
interested in comparing SUMO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SUMO versus a peer is one thing; comparing
SUMO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SUMO can fluctuate over the course of history.
With this page we aim to empower investors researching SUMO by allowing them to research the SUMO market cap history. |
Free SUMO Email Alerts:
Video: The Importance of Market Cap
