Promising Esports Stocks To Follow Today – February 01st

Insight Enterprises, PENN Entertainment, 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 esports industry. These companies may be game developers, tournament organizers, equipment manufacturers, or other businesses that cater to the growing esports market. Investing in esports stocks allows individuals to potentially profit from the growth and popularity of competitive gaming. 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 Insight Enterprises stock traded down $0.75 during trading hours on Friday, reaching $172.75. The company’s stock had a trading volume of 586,515 shares, compared to its average volume of 316,838. The company has a market capitalization of $5.49 billion, a P/E ratio of 21.73, a P/E/G ratio of 1.36 and a beta of 1.42. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.20 and a current ratio of 1.24. Insight Enterprises has a one year low of $146.56 and a one year high of $228.07. The stock’s fifty day simple moving average is $160.34 and its two-hundred day simple moving average is $186.90.

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 $20.60. 3,782,479 shares of the company were exchanged, compared to its average volume of 5,287,484. PENN Entertainment has a 52 week low of $13.50 and a 52 week 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. The company has a market capitalization of $3.14 billion, a P/E ratio of -5.80, a PEG ratio of 1.54 and a beta of 2.08. The business’s 50 day moving average is $19.88 and its 200 day moving average is $19.40.

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.

SPHR stock traded up $0.54 during trading on Friday, reaching $46.71. The stock had a trading volume of 873,605 shares, compared to its average volume of 596,700. Sphere Entertainment has a one year low of $32.10 and a one year high of $51.83. The company’s 50 day moving average is $40.64 and its two-hundred day moving average is $42.64. 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 company has a market capitalization of $1.65 billion, a price-to-earnings ratio of -4.45 and a beta of 1.37.

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 stock traded down $0.90 during trading on Friday, hitting $219.70. The company’s stock had a trading volume of 89,345 shares, compared to its average volume of 69,692. The business has a fifty day moving average of $223.60 and a 200-day moving average of $214.49. The company has a market cap of $5.26 billion, a PE ratio of 75.50 and a beta of 0.91. Madison Square Garden Sports has a 52 week low of $178.35 and a 52 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.

DOYU stock traded down $0.45 during midday trading on Friday, hitting $15.68. The company’s stock had a trading volume of 282,999 shares, compared to its average volume of 215,406. DouYu International has a 1 year low of $6.29 and a 1 year high of $20.17. The stock has a market cap of $496.12 million, a price-to-earnings ratio of -17.82 and a beta of 0.95. The stock’s 50-day moving average price is $12.38 and its 200 day moving average price is $12.53.