PENN Entertainment, GameSquare, Sphere Entertainment, Madison Square Garden, and Insight Enterprises are the five Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies whose revenues and growth are tied to the competitive video-gaming industry. They include game publishers, tournament organizers, hardware and peripheral manufacturers, streaming platforms, and related service providers that monetize professional gaming events and audiences. Investors buy esports stocks to gain exposure to the rapidly expanding market for competitive gaming, media rights, sponsorships and merchandising. These companies had the highest dollar trading volume of any Esports stocks within the last several days.
PENN Entertainment (PENN)
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.
Shares of NASDAQ:PENN traded down $0.28 during trading on Thursday, hitting $18.34. 1,007,975 shares of the company traded hands, compared to its average volume of 4,346,799. PENN Entertainment has a one year low of $13.25 and a one year high of $23.08. The business's fifty day moving average is $16.85 and its 200-day moving average is $17.63. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.35. The stock has a market capitalization of $2.77 billion, a price-to-earnings ratio of -29.57 and a beta of 1.61.
Read Our Latest Research Report on PENN
GameSquare (GAME)
GameSquare Holdings, Inc. operates as a vertically integrated digital media, entertainment, and technology company. Its platform to connect with gaming and youth culture audiences. The company's end-to-end platform includes Code Red Esports Ltd., an esports talent agency; GCN, a digital media company focusing on the gaming and esports audience; Zoned, a gaming and lifestyle marketing agency; Complexity Gaming, a esports organization operating; Fourth Frame Studios, a creative production studio; and Mission Supply, a merchandise and consumer products business; Frankly Media, programmatic advertising, Stream Hatchet, live streaming analytics, and Sideqik a social influencer marketing platform.
Shares of NASDAQ GAME traded up $0.04 during midday trading on Thursday, reaching $1.31. 8,962,730 shares of the company traded hands, compared to its average volume of 3,699,019. GameSquare has a 52 week low of $0.50 and a 52 week high of $2.87. The company has a market cap of $63.70 million, a price-to-earnings ratio of -0.86 and a beta of 0.76. The stock has a 50-day moving average price of $1.02 and a 200 day moving average price of $0.85. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.57 and a quick ratio of 0.57.
Read Our Latest Research Report on GAME
Sphere Entertainment (SPHR)
Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre.
Shares of SPHR stock traded down $1.48 during midday trading on Thursday, reaching $45.52. 199,991 shares of the company were exchanged, compared to its average volume of 801,526. Sphere Entertainment has a 12 month low of $23.89 and a 12 month high of $50.88. The company has a market cap of $1.63 billion, a P/E ratio of -4.54 and a beta of 1.66. The company's 50 day moving average price is $40.50 and its two-hundred day moving average price is $37.86. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.53 and a current ratio of 0.53.
Read Our Latest Research Report on SPHR
Madison Square Garden (MSGS)
Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League.
NYSE MSGS traded down $0.14 on Thursday, reaching $204.86. The company's stock had a trading volume of 29,293 shares, compared to its average volume of 148,849. Madison Square Garden has a twelve month low of $173.26 and a twelve month high of $237.99. The stock has a market cap of $4.92 billion, a PE ratio of 975.57 and a beta of 0.79. The firm's 50 day moving average is $198.43 and its two-hundred day moving average is $199.79.
Read Our Latest Research Report on MSGS
Insight Enterprises (NSIT)
Insight Enterprises, Inc., together with its subsidiaries, provides information technology, hardware, software, and services in the United States and internationally. The company offers modern platforms/infrastructure that manages and supports cloud and data platforms, modern networks, and edge technologies; cybersecurity solutions automates and connects modern platform securely; data and artificial intelligence modernizes data platforms and architectures, and build data analytics and AI solutions; modern workplace and apps; and intelligent edge solutions that gathers and utilizes data for real-time decision making.
Shares of NASDAQ:NSIT traded down $1.21 during midday trading on Thursday, reaching $144.96. The company had a trading volume of 30,455 shares, compared to its average volume of 357,258. Insight Enterprises has a 1-year low of $126.10 and a 1-year high of $228.07. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.19 and a current ratio of 1.23. The firm has a market cap of $4.63 billion, a price-to-earnings ratio of 28.99, a price-to-earnings-growth ratio of 1.31 and a beta of 1.20. The company has a fifty day simple moving average of $136.51 and a two-hundred day simple moving average of $146.75.
Read Our Latest Research Report on NSIT
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider PENN Entertainment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PENN Entertainment wasn't on the list.
While PENN Entertainment currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
