PENN Entertainment, Insight Enterprises, Sphere Entertainment, Madison Square Garden, GameSquare, DouYu International, and NIP Group are the seven Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies whose business models center on the competitive gaming industry—ranging from game developers and tournament organizers to streaming platforms and hardware manufacturers. By investing in these stocks, shareholders gain exposure to the growing popularity, viewership and monetization of professional video gaming. 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 up $0.04 on Friday, reaching $16.96. 4,811,918 shares of the stock were exchanged, compared to its average volume of 3,793,136. The firm's 50 day moving average is $17.51 and its 200-day moving average is $17.46. PENN Entertainment has a one year low of $13.25 and a one year high of $23.08. 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 cap of $2.56 billion, a PE ratio of -30.29 and a beta of 1.60.
Read Our Latest Research Report on PENN
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 $5.88 during trading hours on Friday, hitting $123.13. 446,011 shares of the stock were exchanged, compared to its average volume of 332,908. Insight Enterprises has a fifty-two week low of $115.68 and a fifty-two week high of $225.38. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.29 and a quick ratio of 1.26. The business has a 50-day moving average of $135.61 and a 200-day moving average of $143.95. The firm has a market capitalization of $3.87 billion, a P/E ratio of 29.39, a price-to-earnings-growth ratio of 1.13 and a beta of 1.21.
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.
Shares of SPHR traded down $1.16 during trading hours on Friday, hitting $40.26. 1,128,520 shares of the stock were exchanged, compared to its average volume of 631,620. Sphere Entertainment has a fifty-two week low of $23.89 and a fifty-two week high of $50.88. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.53 and a quick ratio of 0.53. The business has a 50-day moving average of $41.56 and a 200-day moving average of $37.90. The firm has a market capitalization of $1.44 billion, a P/E ratio of -4.02 and a beta of 1.71.
Read Our Latest Research Report on SPHR
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.
Shares of MSGS traded down $2.54 during trading hours on Friday, hitting $199.42. 190,942 shares of the stock were exchanged, compared to its average volume of 149,445. 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 50-day moving average of $200.71 and a 200-day moving average of $198.51. The firm has a market capitalization of $4.79 billion, a P/E ratio of 949.67 and a beta of 0.79.
Read Our Latest Research Report on MSGS
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.
Shares of GAME traded up $0.02 during trading hours on Friday, hitting $0.98. 7,396,711 shares of the stock were exchanged, compared to its average volume of 21,029,936. GameSquare has a fifty-two week low of $0.50 and a fifty-two week high of $2.87. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.57 and a quick ratio of 0.57. The business has a 50-day moving average of $1.07 and a 200-day moving average of $0.86. The firm has a market capitalization of $48.04 million, a P/E ratio of -0.65 and a beta of 0.76.
Read Our Latest Research Report on GAME
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.
NASDAQ:DOYU traded up $0.06 during trading hours on Friday, reaching $7.48. The company had a trading volume of 70,453 shares, compared to its average volume of 74,457. The firm has a market cap of $225.75 million, a price-to-earnings ratio of -5.75 and a beta of 0.68. The business's 50-day simple moving average is $7.32 and its two-hundred day simple moving average is $8.48. DouYu International has a twelve month low of $5.68 and a twelve month high of $20.17.
Read Our Latest Research Report on DOYU
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 $0.06 during trading hours on Friday, reaching $1.78. The company had a trading volume of 45,835 shares, compared to its average volume of 104,071. The business's 50-day simple moving average is $1.91 and its two-hundred day simple moving average is $2.08. NIP Group has a twelve month low of $0.99 and a twelve month high of $9.09.
Read Our Latest Research Report on NIPG
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider PENN Entertainment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PENN Entertainment wasn't on the list.
While PENN Entertainment currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
MarketBeat All Access