Promising Esports Stocks To Follow Now – February 11th

Insight Enterprises, PENN Entertainment, Sphere Entertainment, Madison Square Garden Sports, DouYu International, NIP Group, and Dolphin Entertainment are the seven 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, including video game development, tournament organization, streaming services, or related products and services. Investors can purchase shares of these companies to potentially benefit from the growth 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.

NSIT traded up $0.03 during trading on Tuesday, reaching $167.63. 108,843 shares of the company were exchanged, compared to its average volume of 387,607. The company has a market cap of $5.32 billion, a price-to-earnings ratio of 25.70, a P/E/G ratio of 1.43 and a beta of 1.42. The company has a quick ratio of 1.20, a current ratio of 1.18 and a debt-to-equity ratio of 0.30. The company’s 50-day moving average is $161.98 and its two-hundred day moving average is $184.46. Insight Enterprises has a 12-month low of $146.56 and a 12-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 Entertainment stock traded down $0.20 during trading on Tuesday, hitting $21.72. 833,542 shares of the stock traded hands, compared to its average volume of 5,087,297. The firm’s fifty day moving average is $19.84 and its 200-day moving average is $19.50. The company has a quick ratio of 0.94, a current 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 $23.81. The stock has a market cap of $3.31 billion, a price-to-earnings ratio of -6.12, a PEG ratio of 1.53 and a beta of 2.09.

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 $1.02 on Tuesday, hitting $46.70. The company’s stock had a trading volume of 133,335 shares, compared to its average volume of 648,793. The firm has a market cap of $1.65 billion, a P/E ratio of -4.45 and a beta of 1.39. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.23. The company’s 50-day simple moving average is $41.36 and its 200 day simple moving average is $42.75. Sphere Entertainment has a 52-week low of $32.10 and a 52-week high of $51.83.

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 up $0.31 during trading hours on Tuesday, reaching $208.55. 26,218 shares of the company traded hands, compared to its average volume of 97,456. The stock has a market capitalization of $4.99 billion, a P/E ratio of 87.99 and a beta of 0.91. The business’s 50-day moving average price is $221.27 and its two-hundred day moving average price is $215.26. Madison Square Garden Sports has a 1 year low of $178.35 and a 1 year 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.

Shares of DOYU traded down $0.35 during trading hours on Tuesday, hitting $15.45. The stock had a trading volume of 168,412 shares, compared to its average volume of 243,028. The firm has a market capitalization of $488.84 million, a PE ratio of -17.56 and a beta of 0.98. The stock has a fifty day moving average price of $13.02 and a 200 day moving average price of $12.45. DouYu International has a 12 month low of $6.29 and a 12 month high of $20.17.

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.

Shares of NIP Group stock traded up $0.05 during trading hours on Tuesday, hitting $3.14. The company’s stock had a trading volume of 165,029 shares, compared to its average volume of 126,749. The stock has a 50 day moving average price of $6.27. NIP Group has a 12-month low of $3.02 and a 12-month high of $17.76.

Dolphin Entertainment (DLPN)

Dolphin Entertainment, Inc., together with its subsidiaries, operates as an independent entertainment marketing and production company in the United States. The company operates in two segments, Entertainment Publicity, and Marketing and Content Production. The Entertainment Publicity and Marketing segment provides diversified marketing services, including public relations, entertainment and hospitality content marketing, strategic communications, strategic marketing consulting, social media and influencer marketing, digital marketing, creative branding, talent publicity, and entertainment marketing services, as well as produces promotional video content.

NASDAQ DLPN traded up $0.02 during trading hours on Tuesday, hitting $1.04. 20,264 shares of the company were exchanged, compared to its average volume of 35,206. The stock has a 50-day moving average price of $1.08 and a 200 day moving average price of $1.25. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.88. Dolphin Entertainment has a 52 week low of $0.90 and a 52 week high of $3.11. The stock has a market cap of $11.61 million, a PE ratio of -0.50 and a beta of 1.92.