Best Esports Stocks Worth Watching – April 3rd

PENN Entertainment, Insight Enterprises, Sphere Entertainment, Madison Square Garden Sports, DouYu International, NIP Group, and GameSquare are the seven Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are shares of companies that operate within or support the competitive video gaming industry, including game developers, event organizers, sponsors, and streaming platforms. These stocks allow investors to gain exposure to the rapidly growing esports market, which combines aspects of technology, entertainment, and traditional sports. 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.

NASDAQ PENN traded down $1.17 during trading on Thursday, hitting $16.00. 2,672,481 shares of the company’s stock traded hands, compared to its average volume of 4,501,441. 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 fifty day moving average of $19.45 and a two-hundred day moving average of $19.56. The firm has a market cap of $2.45 billion, a P/E ratio of -4.51, a PEG ratio of 1.55 and a beta of 2.19. PENN Entertainment has a 12-month low of $13.50 and a 12-month high of $23.08.

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.

Insight Enterprises stock traded down $10.73 during trading hours on Thursday, reaching $136.92. The stock had a trading volume of 268,753 shares, compared to its average volume of 298,007. The company has a fifty day simple moving average of $160.64 and a 200-day simple moving average of $172.54. The stock has a market cap of $4.35 billion, a PE ratio of 21.00, a PEG ratio of 1.40 and a beta of 1.40. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.18 and a quick ratio of 1.15. Insight Enterprises has a 52 week low of $130.49 and a 52 week high of $228.07.

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 traded down $2.87 during trading hours on Thursday, reaching $30.61. 505,189 shares of the company traded hands, compared to its average volume of 771,180. Sphere Entertainment has a 12 month low of $29.86 and a 12 month high of $50.88. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of -2.92 and a beta of 1.39. The company’s fifty day moving average price is $40.23 and its two-hundred day moving average price is $41.22. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.23.

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.

NYSE:MSGS traded down $4.84 during mid-day trading on Thursday, hitting $194.39. 31,361 shares of the company’s stock were exchanged, compared to its average volume of 108,797. Madison Square Garden Sports has a one year low of $178.35 and a one year high of $237.99. The company has a market cap of $4.67 billion, a PE ratio of 82.02 and a beta of 0.91. The business has a fifty day moving average price of $203.54 and a 200 day moving average price of $214.53.

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.

NASDAQ:DOYU traded down $0.19 on Thursday, reaching $7.06. 69,763 shares of the stock traded hands, compared to its average volume of 228,587. The company has a market capitalization of $223.35 million, a price-to-earnings ratio of -8.02 and a beta of 1.00. DouYu International has a 12 month low of $6.45 and a 12 month high of $20.17. The company’s fifty day simple moving average is $11.12 and its 200 day simple moving average is $10.90.

NIP Group (NIPG)

Our mission is to create transformative esports experiences that entertain, inspire and connect fans across the globe. Our vision is to become the premier esports organization in the world. We are a leading esports organization with the most expansive global footprint by virtue of our operations across Asia, Europe and South America, according to the Frost & Sullivan Report.

NASDAQ:NIPG traded down $0.10 during trading hours on Thursday, reaching $1.85. The company had a trading volume of 51,897 shares, compared to its average volume of 230,896. The firm’s 50 day moving average price is $2.70 and its 200-day moving average price is $5.41. NIP Group has a 52 week low of $0.99 and a 52 week high of $17.76.

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 $0.01 during midday trading on Thursday, hitting $0.52. The company had a trading volume of 172,021 shares, compared to its average volume of 255,693. GameSquare has a 12-month low of $0.51 and a 12-month high of $2.25. The company has a fifty day moving average of $0.80 and a two-hundred day moving average of $0.83.