Insight Enterprises, PENN Entertainment, Sphere Entertainment, Madison Square Garden Sports, and Allied Gaming & Entertainment are the five Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are publicly traded shares of companies whose core business revolves around competitive video gaming—this includes game publishers, tournament organizers, streaming platforms and hardware or peripheral manufacturers. By buying these stocks, investors gain exposure to the rapidly expanding esports market, which generates revenue through sponsorships, media rights, advertising, merchandise and in-game purchases. The performance of esports stocks typically mirrors trends in audience growth, player engagement and technological innovation. 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.
NSIT stock traded down $2.63 during trading hours on Friday, hitting $133.70. 174,842 shares of the stock traded hands, compared to its average volume of 312,810. Insight Enterprises has a one year low of $126.10 and a one year high of $228.07. The stock has a 50-day simple moving average of $142.99 and a 200 day simple moving average of $157.38. The company has a market cap of $4.27 billion, a P/E ratio of 20.51, a P/E/G ratio of 1.40 and a beta of 1.22. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30.
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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 up $0.24 during trading on Friday, reaching $15.53. The company had a trading volume of 1,001,583 shares, compared to its average volume of 4,271,055. The firm’s 50-day simple moving average is $16.05 and its 200 day simple moving average is $18.80. 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 2.34, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market cap of $2.34 billion, a price-to-earnings ratio of -4.37, a PEG ratio of 1.55 and a beta of 1.81.
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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.
Shares of Sphere Entertainment stock traded up $1.53 during trading on Friday, hitting $33.11. 372,141 shares of the stock traded hands, compared to its average volume of 818,142. Sphere Entertainment has a twelve month low of $23.89 and a twelve month high of $50.88. The company has a fifty day moving average price of $30.07 and a two-hundred day moving average price of $38.07. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.56 and a current ratio of 0.56. The stock has a market cap of $1.19 billion, a P/E ratio of -3.15 and a beta of 1.51.
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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.
Shares of NYSE:MSGS traded up $1.49 during midday trading on Friday, hitting $192.40. The company’s stock had a trading volume of 31,088 shares, compared to its average volume of 113,059. The stock’s 50 day simple moving average is $191.41 and its 200 day simple moving average is $209.93. Madison Square Garden Sports has a fifty-two week low of $173.26 and a fifty-two week high of $237.99. The stock has a market capitalization of $4.62 billion, a price-to-earnings ratio of 81.18 and a beta of 0.78.
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Allied Gaming & Entertainment (AGAE)
Allied Gaming & Entertainment, Inc. operates as an experiential entertainment company, which engages in the creation of esports venues and live events for both video games and poker. The company was founded in 2017 and is headquartered in New York, NY.
AGAE traded up $0.15 during midday trading on Friday, reaching $1.48. 139,727 shares of the company’s stock were exchanged, compared to its average volume of 53,699. Allied Gaming & Entertainment has a one year low of $0.61 and a one year high of $1.57. The business has a 50-day simple moving average of $1.07 and a two-hundred day simple moving average of $1.03. The firm has a market capitalization of $65.28 million, a price-to-earnings ratio of -5.48 and a beta of 1.32.
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