Best Esports Stocks To Keep An Eye On – April 17th

Motorsport Games, Insight Enterprises, PENN Entertainment, Sphere Entertainment, Madison Square Garden Sports, GameSquare, and DouYu International are the seven Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are shares in companies that are directly involved in the competitive video gaming industry. These companies may be engaged in game development, event management, broadcasting, or related digital content creation, offering investors an opportunity to capitalize on the growing popularity and expansion of esports. These companies had the highest dollar trading volume of any Esports stocks within the last several days.

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.

NASDAQ MSGM traded up $0.66 during trading hours on Thursday, hitting $1.78. 5,645,701 shares of the company were exchanged, compared to its average volume of 470,730. The stock has a market cap of $6.73 million, a PE ratio of 1.15 and a beta of 2.02. Motorsport Games has a 52 week low of $0.73 and a 52 week high of $3.75. The stock has a 50-day moving average price of $1.14 and a 200 day moving average price of $1.24.

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 $0.62 during trading on Thursday, hitting $133.94. 67,997 shares of the stock traded hands, compared to its average volume of 308,714. The company has a fifty day moving average price of $151.48 and a two-hundred day moving average price of $166.63. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.30. The company has a market cap of $4.26 billion, a price-to-earnings ratio of 20.58, a P/E/G ratio of 1.40 and a beta of 1.31. Insight Enterprises has a 52-week low of $126.10 and a 52-week high of $228.07.

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 PENN traded up $0.13 during mid-day trading on Thursday, reaching $14.40. The company’s stock had a trading volume of 626,233 shares, compared to its average volume of 4,488,298. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market cap of $2.20 billion, a PE ratio of -4.07, a price-to-earnings-growth ratio of 1.55 and a beta of 1.96. The company’s 50 day moving average is $18.03 and its 200 day moving average is $19.16. PENN Entertainment has a 12-month low of $13.25 and a 12-month high of $23.08.

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 $0.08 during trading hours on Thursday, reaching $25.19. 218,523 shares of the company were exchanged, compared to its average volume of 792,742. The stock has a 50 day simple moving average of $35.87 and a 200 day simple moving average of $40.05. The firm has a market cap of $901.63 million, a price-to-earnings ratio of -2.40 and a beta of 1.48. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.56 and a quick ratio of 0.56. Sphere Entertainment has a 52-week low of $24.60 and a 52-week high of $50.88.

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.

MSGS traded up $2.66 during trading hours on Thursday, hitting $191.49. The company’s stock had a trading volume of 22,213 shares, compared to its average volume of 112,170. Madison Square Garden Sports has a fifty-two week low of $173.26 and a fifty-two week high of $237.99. The firm has a market capitalization of $4.60 billion, a PE ratio of 80.98 and a beta of 0.81. The company has a 50-day simple moving average of $196.27 and a 200 day simple moving average of $212.64.

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 GameSquare stock traded up $0.07 during trading on Thursday, reaching $0.70. The company’s stock had a trading volume of 488,155 shares, compared to its average volume of 262,532. GameSquare has a one year low of $0.50 and a one year high of $1.89. The business’s fifty day moving average price is $0.73 and its 200-day moving average price is $0.80.

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 $0.01 during midday trading on Thursday, hitting $6.39. The company had a trading volume of 11,698 shares, compared to its average volume of 230,891. The stock has a market cap of $202.00 million, a price-to-earnings ratio of -7.26 and a beta of 0.90. The firm has a fifty day simple moving average of $8.82 and a 200 day simple moving average of $10.66. DouYu International has a 12 month low of $5.68 and a 12 month high of $20.17.