Esports Stocks Worth Watching – February 09th

Insight Enterprises, PENN Entertainment, Madison Square Garden Sports, Sphere Entertainment, 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 growing industry of competitive gaming. These companies may include game publishers, hardware manufacturers, streaming platforms, and organizations that sponsor or host esports events. Investors may look at investing in esports stocks as a way to capitalize on the increasing popularity and profitability of the esports industry. 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.

NASDAQ:NSIT traded down $1.83 during trading hours on Friday, hitting $167.47. 512,047 shares of the company traded hands, compared to its average volume of 383,058. The company has a current ratio of 1.18, a quick ratio of 1.20 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $5.32 billion, a price-to-earnings ratio of 25.69, a P/E/G ratio of 1.43 and a beta of 1.42. The firm has a 50-day moving average of $161.84 and a 200 day moving average of $185.31. Insight Enterprises has a twelve month low of $146.56 and a twelve month high of $228.07.

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 traded up $0.49 during trading hours on Friday, reaching $21.45. 3,901,651 shares of the company traded hands, compared to its average volume of 5,313,400. 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 stock’s fifty day moving average is $19.84 and its 200 day moving average is $19.47. PENN Entertainment has a 1-year low of $13.50 and a 1-year high of $23.81. The stock has a market cap of $3.27 billion, a P/E ratio of -6.04, a price-to-earnings-growth ratio of 1.53 and a beta of 2.09.

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.

MSGS traded down $5.03 on Friday, hitting $205.35. 246,929 shares of the stock traded hands, compared to its average volume of 85,798. The business has a fifty day moving average price of $221.69 and a two-hundred day moving average price of $215.05. Madison Square Garden Sports has a 52 week low of $178.35 and a 52 week high of $237.99. The firm has a market capitalization of $4.92 billion, a PE ratio of 86.64 and a beta of 0.91.

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 up $0.12 on Friday, reaching $47.53. 390,271 shares of the stock traded hands, compared to its average volume of 588,396. The stock’s 50-day moving average price is $41.22 and its 200-day moving average price is $42.72. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.56 and a quick ratio of 0.56. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of -4.53 and a beta of 1.39. Sphere Entertainment has a 12 month low of $32.10 and a 12 month high of $51.83.

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.

DouYu International stock traded down $0.47 on Friday, hitting $16.10. The company’s stock had a trading volume of 259,678 shares, compared to its average volume of 282,943. The company has a fifty day moving average price of $12.96 and a 200-day moving average price of $12.48. The firm has a market cap of $509.40 million, a P/E ratio of -18.30 and a beta of 0.98. DouYu International has a one year low of $6.29 and a one year high of $20.17.