Super League Enterprise Inc [NASDAQ: SLE] traded at a high on Wednesday, posting a 18.66 gain after which it closed the day’ session at $0.23.
The results of the trading session contributed to over 4074685 shares changing hands. Over the past one week, the price volatility of Super League Enterprise Inc stands at 6.81% while the volatility over the past one month is 19.08%.
The market cap for SLE stock reached $5.53 million, with 24.18 million shares outstanding and 18.49 million shares in the current float. Compared to the average trading volume of 511.47K shares, SLE reached a trading volume of 4074685 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Super League Enterprise Inc [SLE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SLE shares is $0.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SLE stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for Super League Enterprise Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 27, 2021. While these analysts kept the previous recommendation, Maxim Group raised their target price to Buy. The new note on the price target was released on March 01, 2021, representing the official price target for Super League Enterprise Inc stock. Previously, the target price had yet another raise to $4.50, while Alliance Global Partners analysts kept a Neutral rating on SLE stock.
The Average True Range (ATR) for Super League Enterprise Inc is set at 0.04, with the Price to Sales ratio for SLE stock in the period of the last 12 months amounting to 0.38.
How has SLE stock performed recently?
Super League Enterprise Inc [SLE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 38.06. With this latest performance, SLE shares dropped by -34.60% in over the last four-week period, additionally sinking by -62.41% over the last 6 months – not to mention a drop of -81.69% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SLE stock in for the last two-week period is set at 49.58, with the RSI for the last a single of trading hit 56.55, and the three-weeks RSI is set at 46.68 for Super League Enterprise Inc [SLE]. The present Moving Average for the last 50 days of trading for this stock 0.2651, while it was recorded at 0.1861 for the last single week of trading, and 0.6250 for the last 200 days.
Super League Enterprise Inc [SLE]: Deeper insight into the fundamentals
Super League Enterprise Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.32 and a Current Ratio set at 0.32.
