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Best Esports Stocks To Research - August 17th

PENN Entertainment logo with Consumer Discretionary background

Key Points

  • PENN Entertainment, one of the top Esports stocks, saw its shares trade up to $18.24 with notable trading volume, reflecting investor interest in the integrated entertainment and sports content sector.
  • Madison Square Garden also performed well, reaching $198.76 per share, as it operates key professional sports franchises, establishing its significance in the sports and entertainment landscape.
  • GameSquare Holdings, focused on connecting with gaming and youth culture audiences, saw its stock drop to $0.77, highlighting the volatility in the Esports stock market.
  • Want stock alerts on PENN Entertainment? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

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 revenues are closely tied to competitive video gaming. This can include game developers, tournament organizers, hardware manufacturers and streaming platforms, offering investors a way to tap into the fast-growing esports market. 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 up $0.26 during midday trading on Friday, reaching $18.24. 5,141,935 shares of the company were exchanged, compared to its average volume of 3,723,119. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 2.39. The stock has a market cap of $2.66 billion, a P/E ratio of -32.57 and a beta of 1.60. PENN Entertainment has a 1 year low of $13.25 and a 1 year high of $23.08. The stock has a fifty day simple moving average of $17.73 and a 200 day simple moving average of $17.37.

Read Our Latest Research Report on PENN

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 up $6.11 during mid-day trading on Friday, reaching $198.76. The stock had a trading volume of 367,206 shares, compared to its average volume of 192,128. The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of -216.04 and a beta of 0.79. Madison Square Garden has a twelve month low of $173.26 and a twelve month high of $237.99. The business has a 50 day simple moving average of $201.44 and a 200 day simple moving average of $197.72.

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.

NASDAQ:NSIT traded down $2.57 during mid-day trading on Friday, reaching $130.07. The stock had a trading volume of 333,465 shares, compared to its average volume of 359,684. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.26 and a current ratio of 1.29. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of 31.04, a PEG ratio of 1.20 and a beta of 1.21. Insight Enterprises has a twelve month low of $115.68 and a twelve month high of $225.38. The business has a 50 day simple moving average of $135.48 and a 200 day simple moving average of $142.47.

Read Our Latest Research Report on NSIT

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.

NYSE:SPHR traded up $0.46 during mid-day trading on Friday, reaching $39.84. The stock had a trading volume of 520,974 shares, compared to its average volume of 793,859. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.53 and a current ratio of 1.13. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of -7.49 and a beta of 1.71. Sphere Entertainment has a twelve month low of $23.89 and a twelve month high of $50.88. The business has a 50 day simple moving average of $41.73 and a 200 day simple moving average of $37.72.

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 $0.12 during mid-day trading on Friday, reaching $0.77. The stock had a trading volume of 8,077,993 shares, compared to its average volume of 12,054,118. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.57 and a current ratio of 0.57. The firm has a market capitalization of $37.68 million, a price-to-earnings ratio of -0.64 and a beta of 0.76. GameSquare has a twelve month low of $0.50 and a twelve month high of $2.87. The business has a 50 day simple moving average of $1.07 and a 200 day simple moving average of $0.86.

Read Our Latest Research Report on GAME

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