Esports Stocks To Watch Today – March 7th

PENN Entertainment, Sphere Entertainment, Insight Enterprises, Madison Square Garden Sports, DouYu International, NIP Group, and Beasley Broadcast Group are the seven Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are equity shares of companies actively involved in the competitive gaming industry, ranging from game developers and broadcasters to event organizers and team operators. Investors in these stocks gain exposure to the fast-growing esports market, which monetizes competitive gaming through sponsorships, licensing deals, and digital platforms. 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 hours on Friday, hitting $18.10. The company’s stock had a trading volume of 3,093,044 shares, compared to its average volume of 4,521,432. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 2.34. PENN Entertainment has a 52-week low of $13.50 and a 52-week high of $23.08. The stock has a market capitalization of $2.76 billion, a P/E ratio of -5.11, a price-to-earnings-growth ratio of 1.55 and a beta of 2.09. The stock has a fifty day moving average of $20.42 and a 200-day moving average of $19.80.

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 stock traded down $1.99 during trading hours on Friday, reaching $35.47. 633,185 shares of the stock traded hands, compared to its average volume of 722,299. Sphere Entertainment has a 1-year low of $32.10 and a 1-year high of $51.83. The business has a fifty day moving average price of $43.50 and a 200 day moving average price of $42.99. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $1.25 billion, a PE ratio of -3.38 and a beta of 1.39.

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 $2.66 during trading on Friday, hitting $155.49. 126,451 shares of the stock traded hands, compared to its average volume of 275,915. Insight Enterprises has a one year low of $146.56 and a one year high of $228.07. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of 23.83, a P/E/G ratio of 1.40 and a beta of 1.42. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30. The company has a 50 day simple moving average of $162.50 and a 200 day simple moving average of $179.85.

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 $2.47 during trading on Friday, reaching $195.90. 38,423 shares of the stock traded hands, compared to its average volume of 102,336. The firm has a market cap of $4.70 billion, a price-to-earnings ratio of 82.66 and a beta of 0.91. The stock’s 50-day moving average price is $212.84 and its 200 day moving average price is $216.06. Madison Square Garden Sports has a fifty-two week low of $178.35 and a fifty-two week high of $237.99.

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 $0.18 on Friday, hitting $7.42. 219,004 shares of the stock were exchanged, compared to its average volume of 285,748. DouYu International has a 52 week low of $6.29 and a 52 week high of $20.17. The business’s fifty day moving average is $12.77 and its 200 day moving average is $11.74. The company has a market capitalization of $234.74 million, a PE ratio of -8.47 and a beta of 1.00.

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.

NIPG traded down $0.13 during mid-day trading on Friday, reaching $1.94. 72,693 shares of the stock were exchanged, compared to its average volume of 138,368. The company has a 50 day moving average price of $4.63 and a two-hundred day moving average price of $6.21. NIP Group has a 1 year low of $1.55 and a 1 year high of $17.76.

Beasley Broadcast Group (BBGI)

Beasley Broadcast Group, Inc., a multi-platform media company, owns and operates radio stations in the United States. The company offers local and national advertisers integrated marketing solutions across audio, digital, and event platforms. It operates Houston Outlaws, an esports team that competes in the Overwatch League; and an esports team that competes in the Rocket League.

Shares of NASDAQ BBGI traded up $0.18 during midday trading on Friday, hitting $6.69. 3,278 shares of the company’s stock were exchanged, compared to its average volume of 3,956. Beasley Broadcast Group has a 12-month low of $6.21 and a 12-month high of $17.89. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.82. The stock has a market capitalization of $10.28 million, a P/E ratio of 4.01 and a beta of 0.86. The firm has a fifty day moving average price of $8.31.