HC Wainwright Issues Pessimistic Forecast for Super League Enterprise (NASDAQ:SLE) Stock Price

Super League Enterprise (NASDAQ:SLE) had its price objective cut by HC Wainwright from $3.00 to $2.00 in a report issued on Wednesday,Benzinga reports. They currently have a buy rating on the stock.

Separately, Maxim Group decreased their price objective on shares of Super League Enterprise from $4.00 to $3.00 and set a “buy” rating on the stock in a research note on Monday, October 14th.

Super League Enterprise Price Performance

SLE stock opened at $0.61 on Wednesday. The company’s 50-day moving average price is $0.84 and its two-hundred day moving average price is $1.03. The firm has a market cap of $7.90 million, a P/E ratio of -0.11 and a beta of 1.87. Super League Enterprise has a 12 month low of $0.50 and a 12 month high of $2.84.

Institutional Investors Weigh In On Super League Enterprise

A hedge fund recently bought a new stake in Super League Enterprise stock. Murchinson Ltd. bought a new position in Super League Enterprise, Inc. (NASDAQ:SLE) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 250,000 shares of the company’s stock, valued at approximately $538,000. Murchinson Ltd. owned approximately 3.84% of Super League Enterprise as of its most recent SEC filing. Institutional investors and hedge funds own 2.06% of the company’s stock.

Super League Enterprise Company Profile

Super League Enterprise, Inc creates and publishes content and media solutions across immersive platforms in the United States and internationally. The company offers access to audiences who gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create. It also provides a range of development, distribution, monetization, and optimization capabilities designed to engage users through dynamic and energized programs.