PENN Entertainment, Madison Square Garden Sports, and Insight Enterprises are the three Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies whose core business revolves around competitive video gaming—this can include game developers, tournament organizers, streaming platforms and hardware manufacturers. By buying these stocks, investors gain exposure to the rapidly growing esports market and its associated revenue streams from sponsorships, media rights and merchandise. 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 PENN Entertainment stock traded down $0.17 on Thursday, reaching $16.65. 1,404,731 shares of the company were exchanged, compared to its average volume of 4,054,164. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 2.34. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of -4.69, a price-to-earnings-growth ratio of 1.55 and a beta of 1.57. PENN Entertainment has a fifty-two week low of $13.25 and a fifty-two week high of $23.08. The stock has a fifty day moving average price of $15.27 and a 200-day moving average price of $18.05.
Read Our Latest Research Report on PENN
Madison Square Garden Sports (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 stock traded down $1.63 during midday trading on Thursday, reaching $189.61. The company had a trading volume of 43,203 shares, compared to its average volume of 130,565. Madison Square Garden Sports has a 1 year low of $173.26 and a 1 year high of $237.99. The company has a 50 day moving average of $190.43 and a two-hundred day moving average of $204.92. The company has a market capitalization of $4.55 billion, a P/E ratio of 80.00 and a beta of 0.77.
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 up $0.09 on Thursday, reaching $133.43. The company had a trading volume of 47,564 shares, compared to its average volume of 325,426. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.30. The stock has a 50-day moving average price of $134.18 and a 200 day moving average price of $150.46. The stock has a market capitalization of $4.26 billion, a P/E ratio of 20.46, a P/E/G ratio of 1.40 and a beta of 1.20. Insight Enterprises has a twelve month low of $126.10 and a twelve month high of $228.07.
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Further Reading
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