PENN Entertainment, Madison Square Garden, Sphere Entertainment, Insight Enterprises, NIP Group, DouYu International, and GameSquare are the seven Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies whose core businesses or significant revenues depend on the competitive video-gaming ecosystem. This category includes game publishers, tournament organizers, streaming platforms, hardware and peripheral manufacturers, and professional esports teams. Investors buy these stocks to gain exposure to the rapid growth and monetization opportunities within the global esports industry. 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 $1.18 during mid-day trading on Thursday, reaching $18.58. 4,066,169 shares of the company's stock were exchanged, compared to its average volume of 3,849,762. The company's 50-day moving average is $15.72 and its 200-day moving average is $17.74. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market capitalization of $2.81 billion, a price-to-earnings ratio of -30.04 and a beta of 1.56. PENN Entertainment has a 52-week low of $13.25 and a 52-week 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.
NYSE MSGS traded down $0.09 during trading hours on Thursday, reaching $205.64. The company had a trading volume of 57,322 shares, compared to its average volume of 119,384. The stock has a market capitalization of $4.94 billion, a P/E ratio of 978.47 and a beta of 0.77. The stock has a 50-day moving average of $192.54 and a 200 day moving average of $202.58. Madison Square Garden has a 1-year low of $173.26 and a 1-year high of $237.99.
Read Our Latest Research Report on MSGS
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 Sphere Entertainment stock traded up $0.75 on Thursday, reaching $40.26. The company had a trading volume of 154,242 shares, compared to its average volume of 807,293. The firm's 50 day moving average price is $34.70 and its two-hundred day moving average price is $37.18. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.53 and a current ratio of 0.53. Sphere Entertainment has a 52-week low of $23.89 and a 52-week high of $50.88. The firm has a market cap of $1.44 billion, a PE ratio of -4.02 and a beta of 1.65.
Read Our Latest Research Report on SPHR
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 $0.94 during mid-day trading on Thursday, reaching $135.54. 42,294 shares of the company were exchanged, compared to its average volume of 327,381. 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 current ratio of 1.23 and a quick ratio of 1.19. The firm's 50-day simple moving average is $134.12 and its 200 day simple moving average is $148.74. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 27.14, a P/E/G ratio of 1.26 and a beta of 1.20.
Read Our Latest Research Report on NSIT
NIP Group (NIPG)
Our mission is to create transformative esports experiences that entertain, inspire and connect fans across the globe. Our vision is to become the premier esports organization in the world. We are a leading esports organization with the most expansive global footprint by virtue of our operations across Asia, Europe and South America, according to the Frost & Sullivan Report.
NASDAQ NIPG traded up $0.12 on Thursday, reaching $1.83. The stock had a trading volume of 312,264 shares, compared to its average volume of 207,591. NIP Group has a 12-month low of $0.99 and a 12-month high of $17.76. The stock has a fifty day moving average price of $1.53 and a two-hundred day moving average price of $3.17.
Read Our Latest Research Report on NIPG
DouYu International (DOYU)
DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People's Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.
Shares of NASDAQ DOYU traded down $0.02 during trading on Thursday, reaching $6.45. The stock had a trading volume of 11,080 shares, compared to its average volume of 223,124. The business's 50-day moving average price is $6.82 and its 200-day moving average price is $9.44. DouYu International has a fifty-two week low of $5.68 and a fifty-two week high of $20.17. The company has a market cap of $194.51 million, a P/E ratio of -4.96 and a beta of 0.72.
Read Our Latest Research Report on DOYU
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.
GameSquare stock traded down $0.01 during midday trading on Thursday, reaching $0.74. 75,261 shares of the stock traded hands, compared to its average volume of 301,262. The firm has a market cap of $28.72 million, a PE ratio of -0.49 and a beta of 0.77. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.97. The company has a 50-day simple moving average of $0.76 and a two-hundred day simple moving average of $0.78. GameSquare has a 12-month low of $0.50 and a 12-month high of $1.40.
Read Our Latest Research Report on GAME
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