Esports Stocks To Research – August 4th

Insight Enterprises, PENN Entertainment, Sphere Entertainment, Madison Square Garden, and GameSquare are the five Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are shares of publicly traded companies whose core business revolves around competitive video gaming, including game developers, tournament organizers, hardware manufacturers, and streaming platforms. Investors buy and sell these stocks to gain exposure to the rapidly growing esports industry and its related revenue streams such as sponsorships, media rights, and merchandise. 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.

NASDAQ:NSIT traded down $1.54 during trading hours on Monday, reaching $118.86. The company’s stock had a trading volume of 279,206 shares, compared to its average volume of 360,711. The firm has a market capitalization of $3.74 billion, a price-to-earnings ratio of 28.37, a PEG ratio of 1.11 and a beta of 1.21. The firm has a 50-day simple moving average of $136.99 and a 200-day simple moving average of $145.53. Insight Enterprises has a 1 year low of $117.33 and a 1 year high of $225.38. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.26 and a current ratio of 1.29.

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 $0.10 during midday trading on Monday, hitting $17.90. 933,431 shares of the company traded hands, compared to its average volume of 4,306,805. PENN Entertainment has a 12-month low of $13.25 and a 12-month high of $23.08. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.74 and a current ratio of 0.74. The stock has a 50-day moving average price of $17.30 and a 200 day moving average price of $17.55. The firm has a market cap of $2.70 billion, a P/E ratio of -28.86 and a beta of 1.60.

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.

Shares of NYSE SPHR traded up $0.21 during midday trading on Monday, hitting $40.92. The stock had a trading volume of 172,388 shares, compared to its average volume of 796,738. The business’s 50 day moving average is $41.20 and its 200-day moving average is $37.88. The company has a market cap of $1.46 billion, a P/E ratio of -4.09 and a beta of 1.71. Sphere Entertainment has a 52 week low of $23.89 and a 52 week high of $50.88. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.24.

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.

Madison Square Garden stock traded up $2.42 during midday trading on Monday, reaching $201.97. 27,568 shares of the company traded hands, compared to its average volume of 148,027. Madison Square Garden has a 12 month low of $173.26 and a 12 month high of $237.99. The firm has a market capitalization of $4.85 billion, a price-to-earnings ratio of 961.74 and a beta of 0.79. The business has a 50 day moving average of $199.49 and a two-hundred day moving average of $198.94.

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 up $0.05 during midday trading on Monday, reaching $0.86. The stock had a trading volume of 5,760,140 shares, compared to its average volume of 3,975,318. The stock has a 50-day moving average of $1.06 and a 200-day moving average of $0.86. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.57 and a current ratio of 0.57. The company has a market capitalization of $41.83 million, a price-to-earnings ratio of -0.57 and a beta of 0.76. GameSquare has a 12-month low of $0.50 and a 12-month high of $2.87.