Promising Video Game Stocks To Consider – June 8th

Walmart, Target, Take-Two Interactive Software, Five Below, TKO Group, Dolby Laboratories, and Turtle Beach are the seven Video Game stocks to watch today, according to MarketBeat’s stock screener tool. Video game stocks are shares of publicly traded companies involved in the development, publishing, distribution or hardware production of video games. Investors buy and sell these shares to gain exposure to the gaming industry’s growth, revenue streams and market trends. These companies had the highest dollar trading volume of any Video Game stocks within the last several days.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

WMT traded down $0.50 during trading on Friday, reaching $97.46. 15,583,112 shares of the company traded hands, compared to its average volume of 17,891,416. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. Walmart has a 12-month low of $65.90 and a 12-month high of $105.30. The firm has a fifty day simple moving average of $94.71 and a 200 day simple moving average of $93.88. The company has a market cap of $779.77 billion, a P/E ratio of 40.44, a PEG ratio of 4.42 and a beta of 0.69.

Target (TGT)

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.

TGT traded up $3.81 during trading on Friday, reaching $97.33. 7,816,651 shares of the company traded hands, compared to its average volume of 6,061,389. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. Target has a 12-month low of $87.35 and a 12-month high of $167.40. The firm has a fifty day simple moving average of $95.24 and a 200 day simple moving average of $116.12. The company has a market cap of $44.22 billion, a P/E ratio of 10.32, a PEG ratio of 1.94 and a beta of 1.22.

Take-Two Interactive Software (TTWO)

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.

Shares of NASDAQ TTWO traded up $1.69 during midday trading on Friday, reaching $232.72. 1,497,036 shares of the stock traded hands, compared to its average volume of 1,753,295. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a market capitalization of $41.29 billion, a PE ratio of -10.91, a P/E/G ratio of 6.83 and a beta of 1.03. Take-Two Interactive Software has a one year low of $135.24 and a one year high of $240.78. The company’s 50 day moving average is $220.59 and its 200 day moving average is $204.16.

Five Below (FIVE)

Five Below, Inc. operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.

Shares of NASDAQ FIVE traded down $0.67 during midday trading on Friday, reaching $127.35. 1,581,012 shares of the stock traded hands, compared to its average volume of 2,086,622. The stock has a market capitalization of $7.01 billion, a PE ratio of 26.26, a P/E/G ratio of 1.19 and a beta of 1.02. Five Below has a one year low of $52.38 and a one year high of $137.30. The company’s 50 day moving average is $87.34 and its 200 day moving average is $90.89.

TKO Group (TKO)

TKO Group Holdings, Inc. operates as a sports and entertainment company. The company produces and licenses live events, television programs, and long-form and short-form content, reality series, and other filmed entertainment on digital and linear channels and via pay-per-view. It is involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys, as well as sale of travel packages and tickets.

Shares of NYSE TKO traded down $2.83 during midday trading on Friday, reaching $166.09. 789,421 shares of the stock traded hands, compared to its average volume of 1,117,173. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.17 and a quick ratio of 1.17. The stock has a market capitalization of $32.87 billion, a PE ratio of -395.45 and a beta of 0.70. TKO Group has a one year low of $100.76 and a one year high of $179.09. The company’s 50 day moving average is $156.63 and its 200 day moving average is $151.73.

Dolby Laboratories (DLB)

Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices.

Shares of NYSE DLB traded up $0.50 during midday trading on Friday, reaching $74.96. 254,446 shares of the stock traded hands, compared to its average volume of 452,547. The stock has a market capitalization of $7.20 billion, a PE ratio of 27.56 and a beta of 0.93. Dolby Laboratories has a one year low of $66.35 and a one year high of $89.66. The company’s 50 day moving average is $74.71 and its 200 day moving average is $78.61.

Turtle Beach (TBCH)

Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, personal computers, handheld consoles, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, mousepads, and other accessories for the personal computer peripherals market under the brand of ROCCAT, as well as digital USB and analog microphones under the Neat Microphones brand.

Shares of NASDAQ TBCH traded up $0.43 during midday trading on Friday, reaching $13.19. 468,005 shares of the stock traded hands, compared to its average volume of 294,292. The company has a quick ratio of 0.60, a current ratio of 1.26 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $265.73 million, a PE ratio of 45.48, a PEG ratio of 0.77 and a beta of 1.99. Turtle Beach has a one year low of $8.78 and a one year high of $19.50. The stock has a 50 day moving average of $11.33.