PENN Entertainment, Madison Square Garden, Insight Enterprises, Sphere Entertainment, and GameSquare are the five Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies whose primary business activities center around competitive video gaming, including tournament organizers, game publishers, streaming platforms, hardware manufacturers, and professional teams. By investing in esports stocks, shareholders gain exposure to the rapidly growing global audience and revenue streams generated by live events, digital advertising, merchandise, sponsorships, and media rights within the competitive gaming ecosystem. 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 $0.13 during midday trading on Tuesday, hitting $18.19. 1,021,506 shares of the company's stock were exchanged, compared to its average volume of 4,387,880. PENN Entertainment has a 12 month low of $13.25 and a 12 month high of $23.08. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a 50 day moving average price of $16.26 and a 200-day moving average price of $17.66. The company has a market cap of $2.75 billion, a PE ratio of -29.34 and a beta of 1.61.
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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.
MSGS traded down $1.61 during mid-day trading on Tuesday, reaching $203.17. 59,405 shares of the stock were exchanged, compared to its average volume of 122,433. Madison Square Garden has a 1 year low of $173.26 and a 1 year high of $237.99. The company has a 50 day moving average price of $195.16 and a two-hundred day moving average price of $200.90. The stock has a market capitalization of $4.88 billion, a PE ratio of 967.52 and a beta of 0.79.
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 NSIT traded up $2.17 on Tuesday, reaching $144.55. 57,381 shares of the company's stock traded hands, compared to its average volume of 370,028. The stock's 50 day simple moving average is $135.00 and its two-hundred day simple moving average is $147.56. The company has a current ratio of 1.23, a quick ratio of 1.19 and a debt-to-equity ratio of 0.60. The stock has a market cap of $4.62 billion, a PE ratio of 28.91, a PEG ratio of 1.33 and a beta of 1.20. Insight Enterprises has a 52-week low of $126.10 and a 52-week high of $228.07.
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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.
Sphere Entertainment stock traded down $0.26 during trading on Tuesday, hitting $42.86. The stock had a trading volume of 184,844 shares, compared to its average volume of 805,326. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.24. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of -4.28 and a beta of 1.66. Sphere Entertainment has a 1 year low of $23.89 and a 1 year high of $50.88. The stock's 50 day moving average is $37.30 and its two-hundred day moving average is $37.44.
Read Our Latest Research Report on SPHR
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.
NASDAQ:GAME traded down $0.03 on Tuesday, reaching $0.94. 2,105,352 shares of the company's stock were exchanged, compared to its average volume of 335,396. The stock has a fifty day simple moving average of $0.78 and a 200-day simple moving average of $0.78. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.57 and a quick ratio of 0.57. GameSquare has a 52 week low of $0.50 and a 52 week high of $1.37. The firm has a market cap of $36.47 million, a price-to-earnings ratio of -0.62 and a beta of 0.76.
Read Our Latest Research Report on GAME
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