Super League Enterprise (NASDAQ:SLE) Given New $2.00 Price Target at HC Wainwright

Super League Enterprise (NASDAQ:SLE) had its target price cut by research analysts at HC Wainwright from $3.00 to $2.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. HC Wainwright’s price target would suggest a potential upside of 228.41% from the stock’s previous close.

Separately, Maxim Group reduced their target price on Super League Enterprise from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Monday, October 14th.

Super League Enterprise Stock Performance

Shares of SLE opened at $0.61 on Wednesday. Super League Enterprise has a fifty-two week low of $0.50 and a fifty-two week high of $2.84. The company has a market capitalization of $7.89 million, a PE ratio of -0.11 and a beta of 1.87. The stock has a fifty day moving average of $0.84 and a two-hundred day moving average of $1.04.

Institutional Trading of Super League Enterprise

A hedge fund recently bought a new stake in Super League Enterprise stock. Murchinson Ltd. purchased a new position in shares of Super League Enterprise, Inc. (NASDAQ:SLE) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 reporting period. 2.06% of the stock is currently owned by institutional investors and hedge funds.

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.