Best Esports Stocks To Follow Today – January 30th

PENN Entertainment, Insight Enterprises, Sphere Entertainment, Madison Square Garden Sports, and DouYu International are the five Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks refer to publicly traded companies that are involved in the business of electronic sports, such as game publishers, streaming platforms, esports teams, and related technology providers. Investing in esports stocks allows individuals to gain exposure to the growing esports industry and potentially profit from its continued expansion and popularity. Investors may look for companies with strong financials, growth potential, and a solid foothold in the competitive gaming market when considering investing in esports stocks. 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 $0.15 during mid-day trading on Thursday, reaching $20.64. 1,460,714 shares of the stock were exchanged, compared to its average volume of 5,641,163. The business has a fifty day moving average price of $19.88 and a 200 day moving average price of $19.39. The firm has a market capitalization of $3.15 billion, a PE ratio of -5.81, a PEG ratio of 1.48 and a beta of 2.08. PENN Entertainment has a 1-year low of $13.50 and a 1-year high of $23.81. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 2.34.

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 up $3.55 during mid-day trading on Thursday, reaching $175.28. 92,722 shares of the stock traded hands, compared to its average volume of 338,247. Insight Enterprises has a 52-week low of $146.56 and a 52-week high of $228.07. The stock’s fifty day moving average is $159.43 and its 200-day moving average is $187.25. The company has a market cap of $5.57 billion, a P/E ratio of 22.03, a P/E/G ratio of 1.37 and a beta of 1.42. The company has a current ratio of 1.24, a quick ratio of 1.20 and a debt-to-equity ratio of 0.43.

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 down $0.52 during mid-day trading on Thursday, hitting $45.45. The stock had a trading volume of 105,748 shares, compared to its average volume of 633,121. Sphere Entertainment has a 12-month low of $32.10 and a 12-month high of $51.83. 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 company has a market cap of $1.61 billion, a PE ratio of -4.33 and a beta of 1.37. The company’s 50 day moving average is $40.41 and its 200-day moving average is $42.60.

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 MSGS traded up $0.18 during mid-day trading on Thursday, reaching $219.89. The company’s stock had a trading volume of 10,436 shares, compared to its average volume of 73,829. Madison Square Garden Sports has a 1 year low of $178.35 and a 1 year high of $237.99. The business has a fifty day moving average of $223.96 and a 200 day moving average of $214.29. The company has a market cap of $5.27 billion, a price-to-earnings ratio of 75.28 and a beta of 0.91.

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.

Shares of DOYU stock traded up $0.06 during trading on Thursday, hitting $15.83. 107,839 shares of the company were exchanged, compared to its average volume of 232,271. The firm has a market capitalization of $500.83 million, a price-to-earnings ratio of -17.99 and a beta of 0.95. The business’s 50-day simple moving average is $12.14 and its 200 day simple moving average is $12.52. DouYu International has a twelve month low of $6.29 and a twelve month high of $20.17.