Super League Enterprise’s (SLE) “Buy” Rating Reiterated at HC Wainwright

HC Wainwright reaffirmed their buy rating on shares of Super League Enterprise (NASDAQ:SLE) in a report published on Wednesday, Benzinga reports. The firm currently has a $3.00 price target on the stock.

Super League Enterprise Stock Up 20.9 %

Super League Enterprise stock opened at $0.93 on Wednesday. The company has a market capitalization of $6.68 million, a P/E ratio of -0.10 and a beta of 1.96. The stock’s 50 day moving average is $1.02 and its 200 day moving average is $1.25. Super League Enterprise has a twelve month low of $0.50 and a twelve month high of $2.84.

Super League Enterprise (NASDAQ:SLE) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.60) earnings per share for the quarter, topping the consensus estimate of ($0.62) by $0.02. The company had revenue of $4.12 million for the quarter, compared to the consensus estimate of $5.41 million. Super League Enterprise had a negative return on equity of 254.70% and a negative net margin of 95.78%. As a group, equities analysts expect that Super League Enterprise will post -1.3 EPS for the current year.

Insider Buying and Selling

In other Super League Enterprise news, Director Jeff Patrick Gehl bought 25,000 shares of the business’s stock in a transaction on Tuesday, July 23rd. The shares were acquired at an average cost of $1.37 per share, for a total transaction of $34,250.00. Following the purchase, the director now owns 131,547 shares in the company, valued at approximately $180,219.39. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.40% of the stock is currently owned by company insiders.

Institutional Trading of Super League Enterprise

An institutional investor recently bought a new position in Super League Enterprise stock. Murchinson Ltd. bought a new position in Super League Enterprise, Inc. (NASDAQ:SLE) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 250,000 shares of the company’s stock, valued at approximately $538,000. Murchinson Ltd. owned about 3.84% of Super League Enterprise at the end of the most recent quarter. 2.06% of the stock is currently owned by institutional investors and hedge funds.

Super League Enterprise Company Profile

Super League Enterprise, Inc builds and operates networks of games, monetization tools, and content channels across metaverse gaming platforms that empower developers, energize players, and entertain fans. The company's solutions provide access to an audience consisting of players in the metaverse environments, fans of various gaming influencers, and viewers of gameplay content across social media and digital video platforms.