PENN Entertainment, Madison Square Garden, GameSquare, Sphere Entertainment, Insight Enterprises, DouYu International, and Dolphin Digital Media are the seven Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies whose business models are centered on competitive video gaming, including game publishers, event organizers, professional teams, hardware and peripheral manufacturers, and streaming platforms. Investors buy and sell these equities on stock exchanges, seeking to profit from the rapid growth and increasing mainstream adoption of esports. As a relatively young market segment, esports stocks can exhibit higher volatility tied to game releases, tournament viewership, and shifting consumer trends. 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 NASDAQ:PENN traded up $0.37 during midday trading on Wednesday, reaching $18.77. The company had a trading volume of 1,340,210 shares, compared to its average volume of 3,810,164. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.74 and a current ratio of 0.74. PENN Entertainment has a 1-year low of $13.25 and a 1-year high of $23.08. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of -30.25 and a beta of 1.61. The company has a fifty day simple moving average of $16.71 and a two-hundred day simple moving average of $17.62.
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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.
Shares of NYSE:MSGS traded down $0.08 during midday trading on Wednesday, reaching $204.86. The company had a trading volume of 68,198 shares, compared to its average volume of 126,504. Madison Square Garden has a 1-year low of $173.26 and a 1-year high of $237.99. The firm has a market cap of $4.92 billion, a price-to-earnings ratio of 974.26 and a beta of 0.79. The company has a fifty day simple moving average of $197.88 and a two-hundred day simple moving average of $199.84.
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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.
NASDAQ GAME traded down $0.08 during trading on Wednesday, reaching $1.31. 5,764,196 shares of the company's stock were exchanged, compared to its average volume of 2,125,561. GameSquare has a fifty-two week low of $0.50 and a fifty-two week high of $2.87. The firm has a market capitalization of $63.70 million, a PE ratio of -0.86 and a beta of 0.76. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.97. The company's fifty day simple moving average is $1.01 and its 200-day simple moving average is $0.85.
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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.
NYSE SPHR traded up $0.12 during trading on Wednesday, reaching $46.60. 155,991 shares of the company's stock were exchanged, compared to its average volume of 800,191. Sphere Entertainment has a fifty-two week low of $23.89 and a fifty-two week high of $50.88. The firm has a market capitalization of $1.67 billion, a PE ratio of -4.64 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. The company's fifty day simple moving average is $39.94 and its 200-day simple moving average is $37.72.
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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.
NASDAQ NSIT traded up $2.75 during trading on Wednesday, reaching $145.30. 41,295 shares of the company's stock were exchanged, compared to its average volume of 336,339. Insight Enterprises has a fifty-two week low of $126.10 and a fifty-two week high of $228.07. The firm has a market capitalization of $4.64 billion, a PE ratio of 29.06, a P/E/G ratio of 1.29 and a beta of 1.20. The company has a current ratio of 1.23, a quick ratio of 1.19 and a debt-to-equity ratio of 0.60. The company's fifty day simple moving average is $136.30 and its 200-day simple moving average is $146.75.
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DouYu International (DOYU)
DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People's Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.
Shares of DOYU traded up $0.02 during midday trading on Wednesday, reaching $8.57. 23,032 shares of the stock were exchanged, compared to its average volume of 185,175. DouYu International has a 12-month low of $5.68 and a 12-month high of $20.17. The firm has a 50 day simple moving average of $6.89 and a 200-day simple moving average of $8.91. The company has a market cap of $258.48 million, a price-to-earnings ratio of -6.59 and a beta of 0.70.
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Dolphin Digital Media (DLPN)
Dolphin Entertainment, Inc., together with its subsidiaries, operates as an independent entertainment marketing and production company in the United States. The company operates in two segments, Entertainment Publicity, and Marketing and Content Production. The Entertainment Publicity and Marketing segment provides diversified marketing services, including public relations, entertainment and hospitality content marketing, strategic communications, strategic marketing consulting, social media and influencer marketing, digital marketing, creative branding, talent publicity, and entertainment marketing services, as well as produces promotional video content.
Shares of DLPN traded up $0.03 during midday trading on Wednesday, reaching $1.34. 124,177 shares of the stock were exchanged, compared to its average volume of 39,930. Dolphin Digital Media has a 12-month low of $0.75 and a 12-month high of $1.82. The firm has a 50 day simple moving average of $1.15 and a 200-day simple moving average of $1.08. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.37. The company has a market cap of $14.97 million, a price-to-earnings ratio of -1.02 and a beta of 2.26.
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