Super League Enterprise (NASDAQ:SLE) Price Target Cut to $2.00 by Analysts at HC Wainwright

Super League Enterprise (NASDAQ:SLE) had its price target lowered by HC Wainwright from $3.00 to $2.00 in a research note issued to investors on Wednesday morning,Benzinga reports. HC Wainwright currently has a buy rating on the stock.

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

Super League Enterprise Stock Performance

SLE stock opened at $0.61 on Wednesday. Super League Enterprise has a 1-year low of $0.50 and a 1-year high of $2.84. The firm has a market cap of $7.90 million, a PE ratio of -0.11 and a beta of 1.87. The business’s 50-day moving average price is $0.84 and its two-hundred day moving average price is $1.03.

Hedge Funds Weigh In On Super League Enterprise

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

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.