Super League Enterprise (NASDAQ:SLE) Shares Up 1.2%

Super League Enterprise, Inc. (NASDAQ:SLE)’s stock price was up 1.2% during trading on Friday . The company traded as high as $0.67 and last traded at $0.65. Approximately 135,388 shares traded hands during mid-day trading, an increase of 61% from the average daily volume of 83,863 shares. The stock had previously closed at $0.64.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a “buy” rating and issued a $3.00 price target on shares of Super League Enterprise in a report on Thursday, August 15th.

Super League Enterprise Price Performance

The company has a market capitalization of $6.82 million, a PE ratio of -0.07 and a beta of 1.98. The stock has a 50-day simple moving average of $1.07 and a 200 day simple moving average of $1.28.

Super League Enterprise (NASDAQ:SLE) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.60) EPS for the quarter, beating analysts’ consensus estimates of ($0.62) by $0.02. The firm had revenue of $4.12 million for the quarter, compared to analysts’ expectations of $5.41 million. Super League Enterprise had a negative net margin of 95.78% and a negative return on equity of 254.70%. As a group, research analysts predict that Super League Enterprise, Inc. will post -1.3 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Jeff Patrick Gehl acquired 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 23rd. The shares were acquired at an average price of $1.37 per share, with a total value of $34,250.00. Following the completion of the purchase, the director now directly owns 131,547 shares in the company, valued at $180,219.39. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 5.40% of the company’s stock.

Institutional Trading of Super League Enterprise

An institutional investor recently bought a new position in Super League Enterprise stock. Murchinson Ltd. purchased a new position in Super League Enterprise, Inc. (NASDAQ:SLE) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 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 owned by hedge funds and other institutional investors.

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.