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Esports Stocks To Watch Now - June 7th

PENN Entertainment logo with Consumer Discretionary background

PENN Entertainment, Insight Enterprises, Madison Square Garden Sports, Sphere Entertainment, and NIP Group are the five Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies whose primary business revolves around organized, competitive video gaming and its supporting ecosystem. This category includes pro teams, tournament organizers, streaming platforms, hardware and software makers, and related service providers, allowing investors to tap into the rapidly 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.

NASDAQ:PENN traded down $0.09 on Friday, hitting $15.59. The stock had a trading volume of 4,466,063 shares, compared to its average volume of 4,075,436. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of -4.39, a price-to-earnings-growth ratio of 1.55 and a beta of 1.56. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 2.34. The business's 50-day simple moving average is $15.20 and its two-hundred day simple moving average is $18.13. PENN Entertainment has a 52-week low of $13.25 and a 52-week high of $23.08.

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 stock traded up $1.59 during trading hours on Friday, reaching $133.82. 195,546 shares of the company traded hands, compared to its average volume of 325,515. Insight Enterprises has a 12-month low of $126.10 and a 12-month high of $228.07. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.18 and a quick ratio of 1.15. The company has a market cap of $4.27 billion, a P/E ratio of 20.52, a P/E/G ratio of 1.40 and a beta of 1.20. The firm has a 50-day moving average price of $134.41 and a 200 day moving average price of $150.78.

Read Our Latest Research Report on NSIT

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.

Shares of MSGS stock traded up $1.41 during trading hours on Friday, reaching $191.16. 102,709 shares of the company traded hands, compared to its average volume of 113,653. Madison Square Garden Sports has a 12-month low of $173.26 and a 12-month high of $237.99. The company has a market cap of $4.59 billion, a P/E ratio of 80.66 and a beta of 0.77. The firm has a 50-day moving average price of $190.42 and a 200 day moving average price of $205.67.

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 SPHR stock traded up $0.33 during trading hours on Friday, reaching $37.66. 423,504 shares of the company traded hands, compared to its average volume of 813,650. Sphere Entertainment has a 12-month low of $23.89 and a 12-month high of $50.88. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.56 and a quick ratio of 0.56. The company has a market cap of $1.35 billion, a P/E ratio of -3.59 and a beta of 1.65. The firm has a 50-day moving average price of $31.80 and a 200 day moving average price of $37.29.

Read Our Latest Research Report on SPHR

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.

Shares of NIPG stock traded up $0.09 during trading hours on Friday, reaching $1.51. 341,105 shares of the company traded hands, compared to its average volume of 207,043. NIP Group has a 12-month low of $0.99 and a 12-month high of $17.76. The firm has a 50-day moving average price of $1.56 and a 200 day moving average price of $3.61.

Read Our Latest Research Report on NIPG

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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.

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