HC Wainwright Has Lowered Expectations for Super League Enterprise (NASDAQ:SLE) Stock Price

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

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

Super League Enterprise Price Performance

Shares of SLE opened at $0.58 on Wednesday. The business has a 50-day moving average of $0.85 and a 200 day moving average of $1.04. Super League Enterprise has a fifty-two week low of $0.50 and a fifty-two week high of $2.84.

Hedge Funds Weigh In On Super League Enterprise

An institutional investor recently bought a new position in Super League Enterprise stock. Murchinson Ltd. purchased a new position in Super League Enterprise, Inc. (NASDAQ:SLE) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 250,000 shares of the company’s stock, valued at approximately $538,000. Murchinson Ltd. owned 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.