Super League Enterprise (NASDAQ:SLE) Shares Up 9.4% – Time to Buy?

Super League Enterprise, Inc. (NASDAQ:SLE) rose 9.4% during trading on Wednesday . The company traded as high as $0.58 and last traded at $0.58. Approximately 110,933 shares changed hands during trading, an increase of 25% from the average daily volume of 88,971 shares. The stock had previously closed at $0.53.

Wall Street Analyst Weigh In

SLE has been the subject of a number of recent research reports. HC Wainwright lowered their price target on shares of Super League Enterprise from $3.00 to $2.00 and set a “buy” rating for the company in a report on Wednesday, November 20th. Maxim Group lowered their price target on shares of Super League Enterprise from $4.00 to $3.00 and set a “buy” rating for the company in a report on Monday, October 14th.

Super League Enterprise Stock Up 9.4 %

The firm has a market capitalization of $8.95 million, a PE ratio of -0.10 and a beta of 1.74. The business’s fifty day moving average price is $0.62 and its 200 day moving average price is $0.85.

Institutional Investors Weigh In On Super League Enterprise

A hedge fund recently raised its stake in Super League Enterprise stock. Clarity Capital Partners LLC increased its stake in Super League Enterprise, Inc. (NASDAQ:SLE) by 220.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,000 shares of the company’s stock after acquiring an additional 27,500 shares during the period. Clarity Capital Partners LLC owned approximately 0.26% of Super League Enterprise worth $25,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 2.06% of the company’s stock.

About Super League Enterprise

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.