During the last session, Super League Gaming Inc. (NASDAQ:SLGG)’s traded shares were 0.14 million, with the beta value of the company hitting 1.20. At the end of the trading day, the stock’s price was $0.93, reflecting an intraday gain of 1.87% or $0.02. The 52-week high for the SLGG share is $4.38, that puts it down -370.97 from that peak though still a striking 19.35% gain since the share price plummeted to a 52-week low of $0.75. The company’s market capitalization is $37.96M, and the average intraday trading volume over the past 10 days was 0.23 million shares, and the average trade volume was 143.66K shares over the past three months.
Super League Gaming Inc. (SLGG) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 2.00. SLGG has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.19.
Super League Gaming Inc. (NASDAQ:SLGG) trade information
Super League Gaming Inc. (SLGG) registered a 1.87% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.87% in intraday trading to $0.93 this Friday, 08/05/22, hitting a weekly high. The stock’s 5-day price performance is 0.68%, and it has moved by -7.37% in 30 days. Based on these gigs, the overall price performance for the year is -77.73%. The short interest in Super League Gaming Inc. (NASDAQ:SLGG) is 0.47 million shares and it means that shorts have 3.62 day(s) to cover.
The consensus price target of analysts on Wall Street is $4.00, which implies an increase of 76.75% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4.00 and $4.00 respectively. As a result, SLGG is trading at a discount of -330.11% off the target high and -330.11% off the low.
Super League Gaming Inc. (SLGG) estimates and forecasts
Statistics show that Super League Gaming Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Super League Gaming Inc. (SLGG) shares have gone down -51.50% during the last six months, with a year-to-date growth rate less than the industry average at -14.49% against 11.70. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 5.00% this quarter and then drop -13.30% in the quarter after that. In the rating firms’ projections, revenue will increase 80.20% compared to the previous financial year.
Revenue for the current quarter is expected to be $4.18 million as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to $5.73 million by the end of Sep 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $1.25 million and $3.6 million respectively. In this case, analysts expect current quarter sales to grow by 234.40% and then jump by 58.90% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 14.10%. While earnings are projected to return 57.60% in 2022.
Super League Gaming Inc. is due to release its next quarterly earnings between March 09 and March 14. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Super League Gaming Inc. (NASDAQ:SLGG)’s Major holders
Super League Gaming Inc. insiders own 36.56% of total outstanding shares while institutional holders control 10.92%, with the float percentage being 17.21%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 46 institutions own stock in it. As of Mar 30, 2022, the company held over 0.94 million shares (or 2.54% of all shares), a total value of $1.76 million in shares.
The next largest institutional holding, with 0.43 million shares, is of Marshall Wace LLP’s that is approximately 1.16% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $0.81 million.
Also, the Mutual Funds coming in first place with the largest holdings of Super League Gaming Inc. (SLGG) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Mar 30, 2022 indicates that Vanguard Total Stock Market Index Fund owns about 0.44 million shares. This amounts to just over 1.19 percent of the company’s overall shares, with a $0.83 million market value. The same data shows that the other fund manager holds slightly less at 0.41 million, or about 1.12% of the stock, which is worth about $0.78 million.