Insight Enterprises, PENN Entertainment, and Sphere Entertainment are the three Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are equity shares of publicly traded companies whose core business revolves around competitive video gaming—this includes game developers and publishers, hardware and accessory makers, tournament organizers, and streaming platforms. By purchasing these stocks, investors gain financial exposure to the rapidly growing esports ecosystem, though they also face industry-specific risks such as shifting consumer tastes and technological changes. These companies had the highest dollar trading volume of any Esports stocks within the last several days.
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 NASDAQ:NSIT traded up $1.82 on Friday, reaching $120.40. 665,084 shares of the company were exchanged, compared to its average volume of 255,160. The company has a current ratio of 1.29, a quick ratio of 1.19 and a debt-to-equity ratio of 0.83. Insight Enterprises has a 1-year low of $118.30 and a 1-year high of $225.38. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of 28.74, a price-to-earnings-growth ratio of 1.11 and a beta of 1.21. The company has a 50-day moving average of $136.99 and a 200-day moving average of $145.67.
Read Our Latest Research Report on NSIT
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 NASDAQ:PENN traded down $0.26 during midday trading on Friday, hitting $17.80. 4,055,746 shares of the stock were exchanged, compared to its average volume of 3,518,922. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.35. The stock has a market cap of $2.69 billion, a P/E ratio of -28.71 and a beta of 1.60. PENN Entertainment has a twelve month low of $13.25 and a twelve month high of $23.08. The company has a 50 day moving average price of $17.30 and a 200-day moving average price of $17.57.
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 down $2.35 during mid-day trading on Friday, reaching $40.70. The company's stock had a trading volume of 766,980 shares, compared to its average volume of 581,083. The company's fifty day simple moving average is $41.20 and its two-hundred day simple moving average is $37.90. 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 twelve month low of $23.89 and a twelve month high of $50.88. The stock has a market cap of $1.46 billion, a P/E ratio of -4.06 and a beta of 1.71.
Read Our Latest Research Report on SPHR
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