Top Esports Stocks To Watch Now - July 28th

Key Points

• PENN Entertainment, Sphere Entertainment, and Madison Square Garden are among the seven Esports stocks highlighted as having the highest trading volumes, reflecting investor interest in the growing competitive gaming market.
• PENN Entertainment's stock is currently valued at $19.22 with a market cap of $2.90 billion, while Sphere Entertainment's stock trades at $43.86 with a market cap of $1.57 billion.
• GameSquare retains a market cap of $54.91 million despite its challenging performance, indicative of the volatile nature of Esports investments.

PENN Entertainment, Sphere Entertainment, Madison Square Garden, Insight Enterprises, GameSquare, DouYu International, and Motorsport Games are the seven Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are publicly traded shares of companies whose primary business involves competitive video gaming—ranging from game developers and tournament organizers to streaming platforms and hardware manufacturers. By purchasing these equities, investors gain exposure to the rapidly growing esports ecosystem, which earns revenue through sponsorships, media rights, merchandising and in-game purchases. The performance of esports stocks typically reflects key industry metrics such as tournament viewership, audience engagement and the popularity of competitive gaming titles. 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 down $0.02 during trading hours on Monday, reaching $19.22. 957,746 shares of the company's stock traded hands, compared to its average volume of 4,355,166. The firm has a market capitalization of $2.90 billion, a PE ratio of -31.02 and a beta of 1.61. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.35. The firm has a 50-day moving average price of $16.96 and a 200 day moving average price of $17.61. 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

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 $0.28 during trading on Monday, reaching $43.86. 315,071 shares of the stock were exchanged, compared to its average volume of 801,550. Sphere Entertainment has a 1 year low of $23.89 and a 1 year high of $50.88. The business has a 50 day moving average price of $40.75 and a 200-day moving average price of $37.84. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of -4.37 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.

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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 Madison Square Garden stock traded up $0.15 during trading hours on Monday, hitting $202.35. 44,296 shares of the company were exchanged, compared to its average volume of 148,433. The business has a 50-day moving average of $198.65 and a 200-day moving average of $199.36. Madison Square Garden has a 1 year low of $173.26 and a 1 year high of $237.99. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 967.69 and a beta of 0.79.

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.

Shares of NASDAQ:NSIT traded up $0.10 during midday trading on Monday, reaching $145.92. The company had a trading volume of 42,136 shares, compared to its average volume of 353,998. 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 stock's fifty day moving average price is $136.89 and its 200-day moving average price is $146.47. The stock has a market capitalization of $4.66 billion, a P/E ratio of 29.29, a PEG ratio of 1.34 and a beta of 1.20.

Read Our Latest Research Report on NSIT

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.

Shares of NASDAQ GAME traded down $0.01 during mid-day trading on Monday, reaching $1.13. The company had a trading volume of 5,232,264 shares, compared to its average volume of 3,805,188. The stock has a market cap of $54.91 million, a PE ratio of -0.75 and a beta of 0.76. GameSquare has a 1-year low of $0.50 and a 1-year high of $2.87. 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 has a 50-day moving average price of $1.04 and a two-hundred day moving average price of $0.85.

Read Our Latest Research Report on GAME

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 NASDAQ DOYU traded up $0.70 during mid-day trading on Monday, reaching $9.19. 49,406 shares of the company traded hands, compared to its average volume of 158,901. The company's fifty day moving average is $7.04 and its two-hundred day moving average is $8.83. DouYu International has a fifty-two week low of $5.68 and a fifty-two week high of $20.17. The stock has a market cap of $277.20 million, a PE ratio of -7.02 and a beta of 0.70.

Read Our Latest Research Report on DOYU

Motorsport Games (MSGM)

Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers rFactor 2, a realistic racing simulation game; NASCAR Heat Mobile, a racing experience for mobile devices; NASCAR Heat 3, NASCAR Heat 4, NASCAR Heat 5, NASCAR Heat Ultimate Edition, and NASCAR 21: Ignition, which are racing video games; KartKraft, a kart racing simulator; NASCAR Rivals, a racing video game; and Le Mans Ultimate, a official game of the FIA World Endurance Championship and 24 Hours of Le Mans.

MSGM stock traded down $0.04 during midday trading on Monday, hitting $3.76. 36,149 shares of the company's stock were exchanged, compared to its average volume of 365,430. The company has a market cap of $21.73 million, a PE ratio of 12.13 and a beta of 1.83. The stock's fifty day moving average price is $3.05 and its 200-day moving average price is $2.05. Motorsport Games has a one year low of $0.73 and a one year high of $3.92.

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