Best Esports Stocks Worth Watching – May 18th

Insight Enterprises, PENN Entertainment, Sphere Entertainment, Madison Square Garden Sports, 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 that generate revenue from competitive video gaming, including game publishers, event organizers, hardware manufacturers, streaming platforms and professional teams. By buying esports stocks, investors gain exposure to the industry’s growth in audience size, sponsorship deals and media rights. These equities can fluctuate based on game releases, tournament viewership and shifts in advertising or sponsorship trends. 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.

Shares of NASDAQ NSIT traded up $2.48 during midday trading on Friday, reaching $137.08. The company’s stock had a trading volume of 552,341 shares, compared to its average volume of 322,127. Insight Enterprises has a 12-month low of $126.10 and a 12-month high of $228.07. The firm has a 50 day moving average price of $140.69 and a 200-day moving average price of $153.94. The stock has a market capitalization of $4.38 billion, a P/E ratio of 21.02, a PEG ratio of 1.40 and a beta of 1.22. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.18 and a quick ratio of 1.15.

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 Entertainment stock traded up $0.20 during trading on Friday, hitting $16.01. The stock had a trading volume of 3,012,331 shares, compared to its average volume of 4,228,111. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of -4.51, a price-to-earnings-growth ratio of 1.55 and a beta of 1.81. The stock’s 50 day moving average is $15.75 and its two-hundred day moving average is $18.63. PENN Entertainment has a 1 year low of $13.25 and a 1 year high of $23.08. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 2.34.

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 $1.26 during trading on Friday, hitting $38.80. 1,005,979 shares of the company were exchanged, compared to its average volume of 813,480. The company has a market cap of $1.39 billion, a PE ratio of -3.70 and a beta of 1.51. The stock has a 50 day moving average of $30.20 and a 200 day moving average of $37.71. Sphere Entertainment has a 52-week low of $23.89 and a 52-week high of $50.88. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.56 and a quick ratio of 0.56.

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 Madison Square Garden Sports stock traded up $0.93 during trading on Friday, hitting $197.69. The stock had a trading volume of 110,560 shares, compared to its average volume of 113,432. The firm has a market cap of $4.75 billion, a price-to-earnings ratio of 83.42 and a beta of 0.78. Madison Square Garden Sports has a 12 month low of $173.26 and a 12 month high of $237.99. The business’s 50-day moving average is $191.47 and its 200 day moving average is $208.84.

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 $0.06 on Friday, reaching $0.71. 697,756 shares of the company traded hands, compared to its average volume of 279,421. The business’s 50-day simple moving average is $0.68 and its 200 day simple moving average is $0.80. GameSquare has a 52 week low of $0.50 and a 52 week high of $1.45. The stock has a market capitalization of $27.75 million, a P/E ratio of -0.43 and a beta of 0.68.