Super League Enterprise (NASDAQ:SLE) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Super League Enterprise (NASDAQ:SLE) to a hold rating in a research note released on Saturday,Wall Street Zen reports.

A number of other research firms have also recently issued reports on SLE. ThinkEquity assumed coverage on shares of Super League Enterprise in a research report on Monday, June 29th. They set a “buy” rating for the company. Weiss Ratings restated a “sell (e+)” rating on shares of Super League Enterprise in a research report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Super League Enterprise Stock Performance

Shares of Super League Enterprise stock opened at $5.11 on Friday. The firm has a 50-day moving average of $4.05 and a 200-day moving average of $3.80. Super League Enterprise has a 52-week low of $2.12 and a 52-week high of $61.44. The stock has a market cap of $8.69 million, a PE ratio of -0.12 and a beta of 1.44.

Super League Enterprise (NASDAQ:SLE) last issued its quarterly earnings results on Friday, August 14th. The company reported ($2.70) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.42) by ($1.28). The firm had revenue of $3.01 million for the quarter, compared to the consensus estimate of $3.40 million. Super League Enterprise had a negative return on equity of 201.00% and a negative net margin of 185.60%.

Institutional Trading of Super League Enterprise

An institutional investor recently bought a new position in Super League Enterprise stock. Empery Asset Management LP bought a new position in shares of Super League Enterprise, Inc. (NASDAQ:SLE) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,249,989 shares of the company’s stock, valued at approximately $763,000. Super League Enterprise comprises approximately 0.7% of Empery Asset Management LP’s investment portfolio, making the stock its 15th largest holding. Empery Asset Management LP owned 148.99% of Super League Enterprise at the end of the most recent quarter. Institutional investors own 2.06% of the company’s stock.

Super League Enterprise Company Profile

Super League Enterprise, Inc (NASDAQ: SLE) is a digital entertainment and media company that develops and operates interactive experiences across popular online gaming and metaverse platforms. Its activities are centered on connecting brands, creators and audiences through playable content, virtual events and community-focused digital experiences.

The company’s offerings have included branded games, immersive virtual worlds, esports and gaming events, livestreamed and short-form video content, and tools that support audience engagement and digital advertising.