Esports Stocks To Research - May 29th

PENN Entertainment, Sphere Entertainment, Insight Enterprises, Madison Square Garden Sports, and Allied Gaming & Entertainment are the five Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies whose core business is tied to competitive video gaming—this includes game developers, tournament organizers, hardware and peripheral manufacturers, and streaming platforms. Investors buy these stocks to gain exposure to the fast-growing esports ecosystem, which generates revenue through advertising, sponsorships, media rights, merchandise, and in-game purchases. 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 during trading on Thursday, hitting $15.21. 1,285,332 shares of the stock were exchanged, compared to its average volume of 4,189,943. The stock has a market cap of $2.30 billion, a PE ratio of -4.27, a P/E/G ratio of 1.55 and a beta of 1.81. The stock's fifty day moving average is $15.44 and its 200 day moving average is $18.39. PENN Entertainment has a 12 month low of $13.25 and a 12 month high of $23.08. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.94 and a current ratio of 0.94.

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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.

SPHR stock traded up $0.03 during trading on Thursday, hitting $37.86. The company had a trading volume of 415,437 shares, compared to its average volume of 809,457. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of -3.61 and a beta of 1.51. The business has a 50 day moving average of $31.16 and a 200 day moving average of $37.47. Sphere Entertainment has a fifty-two week low of $23.89 and a fifty-two week high of $50.88. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.23.

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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.

NSIT stock traded down $2.32 during trading on Thursday, hitting $131.65. The company had a trading volume of 77,952 shares, compared to its average volume of 390,216. The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of 20.19, a P/E/G ratio of 1.40 and a beta of 1.22. The business has a 50 day moving average of $137.57 and a 200 day moving average of $151.97. Insight Enterprises has a fifty-two week low of $126.10 and a fifty-two week high of $228.07. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30.

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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 up $1.10 during trading on Thursday, hitting $188.88. The company had a trading volume of 34,113 shares, compared to its average volume of 113,293. The firm has a market capitalization of $4.53 billion, a price-to-earnings ratio of 79.88 and a beta of 0.78. The business has a 50 day moving average of $191.50 and a 200 day moving average of $207.25. Madison Square Garden Sports has a fifty-two week low of $173.26 and a fifty-two week high of $237.99.

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Allied Gaming & Entertainment (AGAE)

Allied Gaming & Entertainment, Inc. operates as an experiential entertainment company, which engages in the creation of esports venues and live events for both video games and poker. The company was founded in 2017 and is headquartered in New York, NY.

AGAE stock traded down $0.61 during trading on Thursday, hitting $2.81. The company had a trading volume of 317,507 shares, compared to its average volume of 97,266. The firm has a market capitalization of $123.94 million, a price-to-earnings ratio of -10.67 and a beta of 1.32. The business has a 50 day moving average of $1.34 and a 200 day moving average of $1.10. Allied Gaming & Entertainment has a fifty-two week low of $0.66 and a fifty-two week high of $3.79.

Read Our Latest Research Report on AGAE