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Esports Stocks Worth Watching - June 18th

PENN Entertainment logo with Consumer Discretionary background

PENN Entertainment, Madison Square Garden, Insight Enterprises, Sphere Entertainment, 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 that derive a significant portion of their revenue from competitive video gaming, including game publishers, hardware and peripheral manufacturers, streaming platforms, team owners, and tournament organizers. Investing in these stocks lets market participants gain exposure to the rapid growth and commercial opportunities within the global esports ecosystem. 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.

PENN traded up $0.57 on Wednesday, hitting $17.04. The company's stock had a trading volume of 2,418,281 shares, compared to its average volume of 3,993,178. The company's 50 day simple moving average is $15.41 and its 200-day simple moving average is $17.89. The firm has a market cap of $2.57 billion, a P/E ratio of -27.48 and a beta of 1.56. PENN Entertainment has a 12 month low of $13.25 and a 12 month high of $23.08. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.35.

Read Our Latest Research Report on PENN

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.

MSGS traded up $1.61 on Wednesday, hitting $188.46. The company's stock had a trading volume of 189,541 shares, compared to its average volume of 115,636. The company's 50 day simple moving average is $191.17 and its 200-day simple moving average is $203.60. The firm has a market cap of $4.52 billion, a P/E ratio of 898.54 and a beta of 0.77. Madison Square Garden has a 12 month low of $173.26 and a 12 month high of $237.99.

Read Our Latest Research Report on MSGS

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.

NASDAQ:NSIT traded up $1.27 during trading hours on Wednesday, hitting $134.68. The stock had a trading volume of 62,874 shares, compared to its average volume of 327,080. The company has a 50 day simple moving average of $134.25 and a two-hundred day simple moving average of $149.78. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.23 and a quick ratio of 1.19. Insight Enterprises has a one year low of $126.10 and a one year high of $228.07. The firm has a market capitalization of $4.30 billion, a price-to-earnings ratio of 26.93, a P/E/G ratio of 1.22 and a beta of 1.20.

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.

NYSE:SPHR traded up $0.34 during trading hours on Wednesday, hitting $38.53. The stock had a trading volume of 170,052 shares, compared to its average volume of 808,604. The company has a 50 day simple moving average of $33.26 and a two-hundred day simple moving average of $37.17. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.53 and a quick ratio of 0.53. Sphere Entertainment has a one year low of $23.89 and a one year high of $50.88. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of -3.85 and a beta of 1.65.

Read Our Latest Research Report on SPHR

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.

NASDAQ:AGAE remained flat at $2.60 during trading hours on Wednesday. 49,467 shares of the company's stock traded hands, compared to its average volume of 105,624. The business's 50 day moving average price is $1.87 and its 200 day moving average price is $1.28. Allied Gaming & Entertainment has a 1 year low of $0.70 and a 1 year high of $3.79. The stock has a market cap of $98.85 million, a price-to-earnings ratio of -9.63 and a beta of 1.75.

Read Our Latest Research Report on AGAE

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