Super League Gaming Inc. (NASDAQ:SLGG) went up by 4.58% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Electronic Gaming & Multimedia giant went up by $2.51 to trade ended Wednesday trading at $2.40. This is up from the $2.4 price recorded on Tuesday’s trading session. Thanks to this latest performance, SLGG is closer to the higher price 52-week target of $4.50 and further from the lowest price target of $3.00. Its performance from the start of the year has also been positive, with SLGG up by 6.36% year-to-date.
Super League Gaming Inc. (SLGG) started the day trading at $2.46 and recorded an intraday high of $2.68. It also recorded an intraday low of $2.35 during Wednesday’s trading session. Super League Gaming Inc. is a very active stock that recorded a trading volume that is more than 9.37% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 558904, which is more than 9.37 of the total average daily trading volume of 506.54K.
Super League Gaming Inc. (NASDAQ:SLGG) 2020 Performance Impressive
The increase in SLGG’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of SLGG currently stands at $8.75, which is higher than the current trading price of the stock by 71.31%. However, SLGG’s current trading price is -93.08% lower than the 52-week low price of $1.30. In terms of trading volume, Super League Gaming Inc. currently experienced healthy participation during the last trading session. 558904 shares of Super League Gaming Inc. were traded on the stock exchange on Wednesday, which is more than 9.37% of the 506.54K average trading volume of the stock.
The performance of the stock has been positive over the past year. SLGG’s performance over the past one year has seen it plunge by -68.47%, while the stock has gone up by 6.36% in the last six months. The quarterly performance of SLGG currently stands at 11.56%, and it is down by -19.55% in the last month. The only positive figure was from the weekly performance, which currently reads 2.03%. At the time of writing SLGG’s report, the company has a total market cap of $27.61M, making it one of the largest publicly-traded companies in the world.Super League Gaming Inc. also has over 55 employees all over the world.
SLGG Insider Activities
For Super League Gaming Inc., insiders hold 9.10% of all company shares. The insider transactions over the past six months are up by 21.60%. During that period, insiders bought 198,000 shares in 5 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at Super League Gaming Inc. now hold 1.12M shares, which is over 12.54% of the total company stocks. Institutional investors currently hold a large chunk of the SLGG shares, as they control 12.97% of the company’s total stock.
SLGG Fundamental Analysis
For Super League Gaming Inc., the stock’s diluted earnings per share (EPS) stands at -2.31. In the coming year, analysts expect the EPS to be -0.89.
The Return on Investment (ROI) on Super League Gaming Inc.’s stock currently stands at -155.00%. The gross margin of the company is 48.40%.
SLGG Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of SLGG currently stands at -8.51%, while the SMA50 is -13.85%. The biggest one is the SMA200, which is currently reading -17.28% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 46.66.