SLE Stock Summary and Trading Ideas (Super League Enterprise | NASDAQ:SLE)

Super League Enterprise Inc is the rocket ship to the metaverse. It is a creator and publisher of content experiences and media solutions across the globe's immersive platforms. Its solutions provide incomparable access to massive audiences that gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn and create. The company offers a complete range of development, distribution, monetization and optimization capabilities designed to engage users through dynamic, energized programs. It generates revenue from advertising including immersive game world and experience publishing and in-game media products, direct to consumer offers, including in-game items, e-commerce, game passes and ticketing and digital collectibles, and content and technology.

Super League Enterprise trades on the NASDAQ stock market under the symbol SLE.

As of December 13, 2024, SLE stock price declined to $0.57 with 67,654 million shares trading.

SLE has a beta of 0.96, meaning it tends to be less sensitive to market movements. SLE has a correlation of 0.01 to the broad based SPY ETF.

SLE has a market cap of $7.37 million. This is considered a Sub-Micro Cap stock.

Last quarter Super League Enterprise reported $4 million in Revenue and -$.25 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.06.

The top ETF exchange traded funds that SLE belongs to (by Net Assets): VXF.

SLE has underperformed the market in the last year with a return of -67.5%, while the SPY ETF gained +29.9%. In the last 3 month period, SLE fell short of the market, returning -33.1%, while SPY returned +7.8%. However, in the most recent 2 weeks SLE has outperformed the stock market by returning +1.6%, while SPY returned +0.3%.

SLE support price is $.53 and resistance is $.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SLE shares will trade within this expected range on the day.