Best Esports Stocks To Follow Today - July 4th

Insight Enterprises, PENN Entertainment, and Madison Square Garden are the three Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are the shares of publicly traded companies that derive a significant portion of their revenue from competitive video gaming—this can include game developers, tournament organizers, streaming platforms, hardware or peripheral manufacturers, and franchised teams. By buying these equities, investors gain exposure to the rapidly growing esports ecosystem through sponsorship deals, media rights, advertising and merchandise sales. These companies had the highest dollar trading volume of any Esports stocks within the last several days.

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.

NASDAQ NSIT traded up $1.10 on Friday, hitting $143.86. 273,504 shares of the company's stock traded hands, compared to its average volume of 333,496. The firm has a market capitalization of $4.59 billion, a PE ratio of 28.77, a P/E/G ratio of 1.32 and a beta of 1.20. Insight Enterprises has a 1-year low of $126.10 and a 1-year high of $228.07. The firm's 50-day moving average price is $134.82 and its two-hundred day moving average price is $147.82. The company has a current ratio of 1.23, a quick ratio of 1.19 and a debt-to-equity ratio of 0.60.

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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.

NASDAQ:PENN traded down $0.11 during mid-day trading on Friday, hitting $18.50. The company's stock had a trading volume of 2,086,747 shares, compared to its average volume of 3,855,727. The stock has a market cap of $2.79 billion, a price-to-earnings ratio of -29.84 and a beta of 1.61. The business's fifty day moving average is $16.16 and its two-hundred day moving average is $17.68. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.74 and a quick ratio of 0.74. PENN Entertainment has a 1 year low of $13.25 and a 1 year high of $23.08.

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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.

Madison Square Garden stock traded down $0.30 during midday trading on Friday, hitting $207.90. 148,458 shares of the company were exchanged, compared to its average volume of 122,279. Madison Square Garden has a fifty-two week low of $173.26 and a fifty-two week high of $237.99. The business has a fifty day simple moving average of $194.66 and a two-hundred day simple moving average of $201.55. The firm has a market capitalization of $4.99 billion, a PE ratio of 990.05 and a beta of 0.79.

Read Our Latest Research Report on MSGS