Yahoo Finance Super League Gaming (NASDAQ:SLGG) shareholders are still up 30% over 1 year despite pulling back 13% in the past week
Some Super League Gaming, Inc. (NASDAQ:SLGG) shareholders are probably rather concerned to see the share price fall 32% over the last three months. While that might be a setback, it doesn't negate the nice returns received over the last twelve months. To wit, it had solidly beat the market, up 30%.
Since the long term performance has been good but there's been a recent pullback of 13%, let's check if the fundamentals match the share price.
View our latest analysis for Super League Gaming
Because Super League Gaming made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. When a company doesn't make profits, we'd generally expect to see good revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
In the last year Super League Gaming saw its revenue grow by 304%. That's stonking growth even when compared to other loss-making stocks. While the share price gain of 30% over twelve months is pretty tasty, you might argue it doesn't fully reflect the strong revenue growth. If that's the case, now might be the time to take a close look at Super League Gaming. Human beings have trouble conceptualizing (and valuing) exponential growth. Is that what we're seeing here?
The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).
We like that insiders have been buying shares in the last twelve months. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. So we recommend checking out this free report showing consensus forecasts
A Different Perspective
It's nice to see that Super League Gaming shareholders have gained 30% over the last year. We regret to report that the share price is down 32% over ninety days. It may simply be that the share price got ahead of itself, although there may have been fundamental developments that are weighing on it. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that Super League Gaming is showing 4 warning signs in our investment analysis , and 2 of those don't sit too well with us...
Super League Gaming is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
