GameSquare, PENN Entertainment, and Sphere Entertainment 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 publishers, tournament organizers, hardware and peripheral makers, and streaming platforms. By buying these stocks, investors gain exposure to the rapidly growing esports industry and its revenue streams such as media rights, sponsorships, advertising, and merchandise sales. These companies had the highest dollar trading volume of any Esports stocks within the last several days.
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 GameSquare stock traded down $0.09 during trading on Friday, hitting $1.52. The company's stock had a trading volume of 40,250,020 shares, compared to its average volume of 1,911,666. The company has a market capitalization of $74.19 million, a PE ratio of -1.01 and a beta of 0.76. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.57 and a current ratio of 0.57. GameSquare has a 52 week low of $0.50 and a 52 week high of $2.87. The company has a fifty day simple moving average of $0.98 and a two-hundred day simple moving average of $0.84.
Read Our Latest Research Report on GAME
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.
NASDAQ:PENN traded down $0.20 on Friday, reaching $18.05. 2,947,508 shares of the stock traded hands, compared to its average volume of 3,824,739. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of -29.11 and a beta of 1.61. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.35. PENN Entertainment has a 12 month low of $13.25 and a 12 month high of $23.08. The company's fifty day simple moving average is $16.71 and its 200 day simple moving average is $17.64.
Read Our Latest Research Report on PENN
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 $1.26 on Friday, reaching $46.24. 1,025,188 shares of the stock traded hands, compared to its average volume of 803,309. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of -4.61 and a beta of 1.66. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.24. Sphere Entertainment has a 12 month low of $23.89 and a 12 month high of $50.88. The company's fifty day simple moving average is $39.94 and its 200 day simple moving average is $37.76.
Read Our Latest Research Report on SPHR
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