Super League Gaming (NASDAQ:SLGG)‘s stock had its “market perform” rating reiterated by equities research analysts at National Securities in a research report issued to clients and investors on Wednesday, AnalystRatings.com reports. They currently have a $4.00 price target on the stock. National Securities’ price objective would indicate a potential upside of 64.61% from the company’s previous close.
SLGG has been the subject of a number of other reports. Alliance Global Partners started coverage on shares of Super League Gaming in a research note on Friday, May 29th. They issued a “buy” rating and a $4.50 target price for the company. Zacks Investment Research raised shares of Super League Gaming from a “hold” rating to a “strong-buy” rating and set a $3.50 target price for the company in a research note on Thursday, May 21st. Finally, Northland Securities reaffirmed a “buy” rating and issued a $4.50 target price on shares of Super League Gaming in a research note on Friday, May 15th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Super League Gaming has an average rating of “Buy” and a consensus target price of $3.90.
Shares of NASDAQ SLGG opened at $2.43 on Wednesday. Super League Gaming has a 1-year low of $1.30 and a 1-year high of $8.75. The company has a market cap of $25.34 million, a PE ratio of -1.05 and a beta of 0.94. The company has a 50-day moving average of $2.94 and a two-hundred day moving average of $2.80.
Super League Gaming (NASDAQ:SLGG) last announced its earnings results on Thursday, May 14th. The company reported ($0.48) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.34) by ($0.14). The business had revenue of $0.24 million for the quarter, compared to the consensus estimate of $0.37 million. As a group, research analysts expect that Super League Gaming will post -1.61 earnings per share for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. raised its stake in shares of Super League Gaming by 64.1% during the first quarter. BlackRock Inc. now owns 27,268 shares of the company’s stock worth $60,000 after buying an additional 10,652 shares during the last quarter. Hollencrest Capital Management bought a new stake in shares of Super League Gaming during the first quarter worth approximately $62,000. CA Family Wealth LLC bought a new stake in shares of Super League Gaming during the fourth quarter worth approximately $87,000. Finally, Captrust Financial Advisors acquired a new position in Super League Gaming during the fourth quarter valued at approximately $115,000. 10.57% of the stock is owned by institutional investors and hedge funds.
About Super League Gaming
Super League Gaming, Inc operates an esports community and content platform. The company focuses on capturing, generating, aggregating, and distributing content across the genre of all things esports. It also features multiple forms of content through social media, live streaming, and video-on-demand, as well as continuous gameplay and leaderboards.
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