Best Esports Stocks To Add to Your Watchlist – March 16th

PENN Entertainment, Insight Enterprises, Sphere Entertainment, 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 shares of publicly traded companies that are involved in the competitive video gaming industry. These companies may operate in various areas such as game development, event organization, streaming, or sports management, allowing investors to gain exposure to the growing popularity and profitability of esports. 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 up $0.86 during trading hours on Friday, reaching $17.09. The company’s stock had a trading volume of 4,818,901 shares, compared to its average volume of 4,539,536. The stock has a market cap of $2.61 billion, a PE ratio of -4.81, a PEG ratio of 1.55 and a beta of 2.19. PENN Entertainment has a fifty-two week low of $13.50 and a fifty-two week high of $23.08. The company’s 50-day moving average is $20.15 and its two-hundred day moving average is $19.69. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.94 and a current ratio of 0.94.

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.

NASDAQ:NSIT traded up $0.42 on Friday, reaching $151.43. The stock had a trading volume of 325,831 shares, compared to its average volume of 277,843. The company has a market cap of $4.81 billion, a price-to-earnings ratio of 23.23, 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 current ratio of 1.18 and a quick ratio of 1.15. The firm’s fifty day moving average is $162.88 and its two-hundred day moving average is $177.31. Insight Enterprises has a 12-month low of $146.56 and a 12-month high of $228.07.

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 up $0.69 during mid-day trading on Friday, hitting $31.63. The company’s stock had a trading volume of 1,114,522 shares, compared to its average volume of 729,256. Sphere Entertainment has a 52-week low of $30.62 and a 52-week high of $50.88. The stock’s fifty day simple moving average is $42.53 and its two-hundred day simple moving average is $42.24. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.56 and a quick ratio of 0.56. The firm has a market capitalization of $1.13 billion, a P/E ratio of -3.01 and a beta of 1.39.

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 $3.14 during mid-day trading on Friday, hitting $188.89. The company’s stock had a trading volume of 154,680 shares, compared to its average volume of 103,230. Madison Square Garden Sports has a 52-week low of $178.35 and a 52-week high of $237.99. The stock’s fifty day simple moving average is $208.64 and its two-hundred day simple moving average is $215.33. The firm has a market capitalization of $4.54 billion, a P/E ratio of 79.70 and a beta of 0.91.

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 up $0.83 during trading hours on Friday, hitting $8.79. The stock had a trading volume of 656,131 shares, compared to its average volume of 225,450. DouYu International has a 1-year low of $6.29 and a 1-year high of $20.17. The business has a 50 day simple moving average of $12.38 and a two-hundred day simple moving average of $11.24. The company has a market cap of $278.08 million, a PE ratio of -9.99 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.

NASDAQ:NIPG traded up $0.14 during trading hours on Friday, hitting $1.14. The stock had a trading volume of 4,236,041 shares, compared to its average volume of 229,075. NIP Group has a 1-year low of $0.99 and a 1-year high of $17.76. The business has a 50 day simple moving average of $4.00 and a two-hundred day simple moving average of $5.92.

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.

NASDAQ:BBGI traded down $0.19 during trading hours on Friday, hitting $5.81. The stock had a trading volume of 12,034 shares, compared to its average volume of 4,099. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.60 and a current ratio of 1.60. Beasley Broadcast Group has a 1-year low of $5.76 and a 1-year high of $17.89. The firm has a 50 day simple moving average of $7.96. The company has a market capitalization of $8.92 million, a P/E ratio of 3.48 and a beta of 0.81.