Super League Enterprise’s (SLE) Buy Rating Reaffirmed at HC Wainwright

Super League Enterprise (NASDAQ:SLE)‘s stock had its “buy” rating reaffirmed by research analysts at HC Wainwright in a research report issued to clients and investors on Thursday, Benzinga reports. They presently have a $3.00 target price on the stock. HC Wainwright’s price objective would suggest a potential upside of 20.00% from the stock’s previous close.

Super League Enterprise Stock Performance

Shares of Super League Enterprise stock opened at $2.50 on Thursday. Super League Enterprise has a one year low of $0.98 and a one year high of $15.39. The company has a market cap of $13.40 million, a P/E ratio of -0.15 and a beta of 1.95. The firm has a fifty day moving average of $2.14 and a two-hundred day moving average of $1.79.

Institutional Investors Weigh In On Super League Enterprise

A number of institutional investors have recently added to or reduced their stakes in SLE. State Street Corp lifted its holdings in shares of Super League Enterprise by 9.3% in the 1st quarter. State Street Corp now owns 96,662 shares of the company’s stock valued at $182,000 after buying an additional 8,198 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in Super League Enterprise by 7.1% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 147,500 shares of the company’s stock worth $277,000 after acquiring an additional 9,760 shares in the last quarter. Vanguard Group Inc. purchased a new stake in shares of Super League Enterprise during the 3rd quarter worth $36,000. Renaissance Technologies LLC increased its holdings in shares of Super League Enterprise by 23.3% in the 1st quarter. Renaissance Technologies LLC now owns 277,780 shares of the company’s stock valued at $522,000 after purchasing an additional 52,576 shares in the last quarter. Finally, Two Sigma Securities LLC purchased a new stake in Super League Enterprise during the second quarter worth about $30,000. Hedge funds and other institutional investors own 2.06% of the company’s stock.

About Super League Enterprise

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.