Esports Stocks To Add to Your Watchlist – March 21st

Insight Enterprises, PENN Entertainment, Madison Square Garden Sports, Sphere Entertainment, NIP Group, DouYu International, and Motorsport Games are the seven Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are shares of publicly traded companies that operate within or around the competitive video gaming industry. These stocks may represent companies involved in game development, event management, broadcasting, or team ownership, offering investors exposure to a rapidly growing entertainment and sports sector. 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 NSIT traded down $0.18 on Friday, hitting $154.41. 146,721 shares of the stock traded hands, compared to its average volume of 279,756. The company has a market capitalization of $4.91 billion, a PE ratio of 23.70, a P/E/G ratio of 1.40 and a beta of 1.40. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.15 and a current ratio of 1.18. The business has a 50 day simple moving average of $162.84 and a 200 day simple moving average of $175.91. Insight Enterprises has a one year low of $146.56 and a one year 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 $0.01 on Friday, hitting $17.17. 843,477 shares of the stock traded hands, compared to its average volume of 4,495,686. The company has a market capitalization of $2.63 billion, a PE ratio of -4.84, a P/E/G ratio of 1.55 and a beta of 2.19. 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 business has a 50 day simple moving average of $20.01 and a 200 day simple moving average of $19.64. PENN Entertainment has a one year low of $13.50 and a one year high of $23.08.

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 $0.89 during trading hours on Friday, reaching $196.86. The company had a trading volume of 46,886 shares, compared to its average volume of 104,466. 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 cap of $4.73 billion, a price-to-earnings ratio of 83.07 and a beta of 0.91. The firm’s 50 day moving average price is $206.81 and its 200-day moving average price is $214.86.

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.

NYSE:SPHR traded down $0.36 during trading hours on Friday, reaching $31.86. The company had a trading volume of 176,718 shares, compared to its average volume of 725,542. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.23. Sphere Entertainment has a 52 week low of $30.62 and a 52 week high of $50.88. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of -3.03 and a beta of 1.39. The firm’s 50 day moving average price is $41.76 and its 200-day moving average price is $41.86.

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 $0.49 during trading hours on Friday, reaching $2.18. The company had a trading volume of 652,476 shares, compared to its average volume of 233,292. NIP Group has a 52 week low of $0.99 and a 52 week high of $17.76. The firm’s 50 day moving average price is $3.59 and its 200-day moving average price is $5.77.

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 DouYu International stock traded down $0.20 on Friday, hitting $7.78. 131,629 shares of the company’s stock were exchanged, compared to its average volume of 229,173. The company has a 50-day simple moving average of $12.20 and a 200-day simple moving average of $11.02. The stock has a market capitalization of $245.97 million, a PE ratio of -8.89 and a beta of 1.00. DouYu International has a 1 year low of $6.29 and a 1 year high of $20.17.

Motorsport Games (MSGM)

Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers rFactor 2, a realistic racing simulation game; NASCAR Heat Mobile, a racing experience for mobile devices; NASCAR Heat 3, NASCAR Heat 4, NASCAR Heat 5, NASCAR Heat Ultimate Edition, and NASCAR 21: Ignition, which are racing video games; KartKraft, a kart racing simulator; NASCAR Rivals, a racing video game; and Le Mans Ultimate, a official game of the FIA World Endurance Championship and 24 Hours of Le Mans.

Shares of Motorsport Games stock traded down $0.10 on Friday, hitting $1.13. 51,678 shares of the company’s stock were exchanged, compared to its average volume of 480,180. The company has a 50-day simple moving average of $1.31 and a 200-day simple moving average of $1.29. The stock has a market capitalization of $4.25 million, a PE ratio of 0.73 and a beta of 2.06. Motorsport Games has a 1 year low of $1.01 and a 1 year high of $4.16.