Shares of Super League Gaming (NASDAQ:SLGG) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Brokers have set a 1-year consensus price objective of $15.00 for the company and are predicting that the company will post ($0.43) EPS for the current quarter, according to Zacks. Zacks has also assigned Super League Gaming an industry rank of 207 out of 255 based on the ratings given to related companies.
Separately, ValuEngine cut shares of Super League Gaming from a “buy” rating to a “hold” rating in a report on Tuesday, October 29th.
Several institutional investors have recently made changes to their positions in the company. Creative Planning purchased a new position in Super League Gaming during the third quarter valued at approximately $53,000. Boston Advisors LLC boosted its stake in shares of Super League Gaming by 20.5% in the third quarter. Boston Advisors LLC now owns 77,486 shares of the company’s stock valued at $334,000 after buying an additional 13,162 shares in the last quarter. Vanguard Group Inc. purchased a new stake in shares of Super League Gaming in the second quarter valued at approximately $793,000. 1492 Capital Management LLC purchased a new stake in shares of Super League Gaming in the second quarter valued at approximately $1,492,000. Finally, Royal Bank of Canada purchased a new stake in shares of Super League Gaming in the second quarter valued at approximately $216,000. 12.38% of the stock is owned by institutional investors.
Shares of SLGG traded down $0.12 on Friday, reaching $2.72. The company’s stock had a trading volume of 12,512 shares, compared to its average volume of 82,405. Super League Gaming has a 12-month low of $1.85 and a 12-month high of $11.55. The stock’s 50 day simple moving average is $2.95 and its two-hundred day simple moving average is $5.61.
Super League Gaming (NASDAQ:SLGG) last issued its quarterly earnings results on Wednesday, November 13th. The company reported ($0.43) earnings per share for the quarter, missing the consensus estimate of ($0.36) by ($0.07). The business had revenue of $0.35 million for the quarter, compared to analyst estimates of $0.30 million. As a group, analysts predict that Super League Gaming will post -2.62 EPS for the current fiscal year.
About Super League Gaming
Super League Gaming, Inc operates an esports community and content platform. The company through its platform connects a network of gamers, venues, and brand partners to enable local, social, and competitive esports that could be broadcasted through its platform. The company was formerly known as Nth Games, Inc and changed its name to Super League Gaming, Inc in July 2015.
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