Super League Gaming Inc. (NASDAQ:SLGG) went up by 5.17% from its latest closing price compared to the recent 1-year high of $11.20. The company’s stock price has collected 9.67% of gains in the last five trading sessions. Press Release reported on 10/07/21 that Super League Gaming Acquires Metaverse Ad Platform Bloxbiz
Is It Worth Investing in Super League Gaming Inc. (NASDAQ :SLGG) Right Now?
Opinions of the stock are interesting as 2 analysts out of 3 who provided ratings for Super League Gaming Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $6.08. SLGG currently public float of 21.76M and currently shorts hold a 6.48% ratio of that float. Today, the average trading volume of SLGG was 359.67K shares.
SLGG’s Market Performance
SLGG stocks went up by 9.67% for the week, with a monthly drop of -9.37% and a quarterly performance of -30.59%, while its annual performance rate touched 80.77%. The volatility ratio for the week stands at 6.68% while the volatility levels for the past 30 days are set at 6.46% for Super League Gaming Inc.. The simple moving average for the period of the last 20 days is 7.44% for SLGG stocks with a simple moving average of -25.10% for the last 200 days.
Analysts’ Opinion of SLGG
Many brokerage firms have already submitted their reports for SLGG stocks, with H.C. Wainwright repeating the rating for SLGG by listing it as a “Buy.” The predicted price for SLGG in the upcoming period, according to H.C. Wainwright is $6 based on the research report published on May 27th of the current year 2021.
Maxim Group, on the other hand, stated in their research note that they expect to see SLGG reach a price target of $6. The rating they have provided for SLGG stocks is “Buy” according to the report published on March 01st, 2021.
Alliance Global Partners gave a rating of “Neutral” to SLGG, setting the target price at $4.50 in the report published on February 09th of the current year.
SLGG Trading at -6.05% from the 50-Day Moving Average
After a stumble in the market that brought SLGG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -69.11% of loss for the given period.
Volatility was left at 6.46%, however, over the last 30 days, the volatility rate increased by 6.68%, as shares sank -3.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.12% lower at present.
During the last 5 trading sessions, SLGG rose by +7.34%, which changed the moving average for the period of 200-days by +17.39% in comparison to the 20-day moving average, which settled at $3.21. In addition, Super League Gaming Inc. saw 16.25% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at SLGG starting from JUNG MARK, who purchase 16,010 shares at the price of $3.12 back on Oct 12. After this action, JUNG MARK now owns 74,602 shares of Super League Gaming Inc., valued at $49,898 using the latest closing price.
Hand Ann, the CEO AND PRESIDENT of Super League Gaming Inc., purchase 750 shares at $3.81 during a trade that took place back on Aug 19, which means that Hand Ann is holding 215,214 shares at $2,858 based on the most recent closing price.
Stock Fundamentals for SLGG
Current profitability levels for the company are sitting at:
- -888.08 for the present operating margin
- -7.75 for the gross margin
The net margin for Super League Gaming Inc. stands at -907.56. The total capital return value is set at -143.25, while invested capital returns managed to touch -146.40. Equity return is now at value -38.10, with -35.70 for asset returns.
Based on Super League Gaming Inc. (SLGG), the company’s capital structure generated 11.04 points at debt to equity in total, while total debt to capital is 9.94. Total debt to assets is 8.64, with long-term debt to equity ratio resting at 11.04. Finally, the long-term debt to capital ratio is 9.94.
When we switch over and look at the enterprise to sales, we see a ratio of 12.41, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 4.69 and the total asset turnover is 0.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.12.