Best Esports Stocks Worth Watching – August 14th

PENN Entertainment, Madison Square Garden, Insight Enterprises, Dolphin Digital Media, and Sphere Entertainment are the five Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are shares of publicly traded companies whose business models revolve around competitive video gaming—ranging from game publishers and tournament organizers to streaming platforms and hardware manufacturers. Investing in these stocks lets shareholders tap into the fast-growing market for professional gaming events, digital content and related technology services. 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 PENN stock traded up $0.25 during trading hours on Thursday, reaching $18.05. 975,926 shares of the company were exchanged, compared to its average volume of 4,316,402. PENN Entertainment has a fifty-two week low of $13.25 and a fifty-two week high of $23.08. The stock’s fifty day moving average is $17.63 and its two-hundred day moving average is $17.42. The company has a market cap of $2.63 billion, a price-to-earnings ratio of -32.18 and a beta of 1.60. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.79 and a quick ratio of 0.79.

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.

NYSE MSGS traded down $1.04 during trading hours on Thursday, hitting $193.49. The company’s stock had a trading volume of 85,585 shares, compared to its average volume of 154,003. The stock has a fifty day moving average of $201.22 and a 200 day moving average of $198.22. Madison Square Garden has a twelve month low of $173.26 and a twelve month high of $237.99. The firm has a market capitalization of $4.65 billion, a P/E ratio of -210.33 and a beta of 0.79.

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 $1.72 during trading hours on Thursday, hitting $132.52. The stock had a trading volume of 118,692 shares, compared to its average volume of 362,805. The business’s 50 day moving average is $135.54 and its 200-day moving average is $143.23. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.26 and a current ratio of 1.29. Insight Enterprises has a one year low of $115.68 and a one year high of $225.38. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 31.63, a P/E/G ratio of 1.18 and a beta of 1.21.

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 stock traded up $0.19 during trading hours on Thursday, hitting $1.36. 8,825,347 shares of the company were exchanged, compared to its average volume of 111,693. The business has a 50 day moving average of $1.18 and a two-hundred day moving average of $1.09. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.37. Dolphin Digital Media has a 52 week low of $0.75 and a 52 week high of $1.78. The company has a market capitalization of $15.13 million, a PE ratio of -1.03 and a beta of 2.29.

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 SPHR stock traded up $0.19 during trading hours on Thursday, hitting $39.99. 251,333 shares of the company were exchanged, compared to its average volume of 805,875. The business has a 50 day moving average of $41.64 and a two-hundred day moving average of $37.86. The company has a current ratio of 1.13, a quick ratio of 0.53 and a debt-to-equity ratio of 0.36. Sphere Entertainment has a 52 week low of $23.89 and a 52 week high of $50.88. The company has a market capitalization of $1.43 billion, a PE ratio of -7.52 and a beta of 1.71.