Best Esports Stocks To Add to Your Watchlist – April 19th

Motorsport Games, PENN Entertainment, Insight Enterprises, Sphere Entertainment, and Madison Square Garden Sports are the five Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are publicly traded shares of companies operating within the competitive video gaming industry, including tournament organizers, gaming content platforms, and developers or publishers of esports titles. Investors in esports stocks are betting on the continued growth and commercialization of esports, which blends technology, entertainment, and sports into a rapidly evolving sector. These companies had the highest dollar trading volume of any Esports stocks within the last several days.

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.

Motorsport Games stock traded up $1.63 on Friday, reaching $2.75. The company’s stock had a trading volume of 36,648,166 shares, compared to its average volume of 594,863. Motorsport Games has a twelve month low of $0.73 and a twelve month high of $3.75. The company has a market cap of $10.38 million, a price-to-earnings ratio of 1.70 and a beta of 2.02. The business’s fifty day moving average price is $1.20 and its 200 day moving average price is $1.26.

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 $0.07 during mid-day trading on Friday, reaching $14.34. 3,559,191 shares of the company were exchanged, compared to its average volume of 4,498,882. PENN Entertainment has a 12 month low of $13.25 and a 12 month high of $23.08. The stock has a market cap of $2.19 billion, a PE ratio of -4.04, a PEG ratio of 1.55 and a beta of 1.96. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 2.34. The company has a fifty day moving average of $17.73 and a 200 day moving average of $19.10.

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 up $0.03 during mid-day trading on Friday, hitting $133.35. 174,901 shares of the company traded hands, compared to its average volume of 309,434. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $4.24 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 1.40 and a beta of 1.31. The business has a 50-day moving average of $150.80 and a 200 day moving average of $166.06. Insight Enterprises has a one year low of $126.10 and a one year 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 $0.17 during trading hours on Friday, hitting $25.28. 697,150 shares of the stock were exchanged, compared to its average volume of 794,117. The company’s 50 day moving average is $35.00 and its two-hundred day moving average is $39.79. The company has a market capitalization of $904.70 million, a P/E ratio of -2.41 and a beta of 1.48. Sphere Entertainment has a twelve month low of $24.60 and a twelve month high of $50.88. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.23.

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 traded up $2.69 during trading hours on Friday, hitting $191.52. 72,772 shares of the stock traded hands, compared to its average volume of 112,568. The business has a fifty day moving average of $195.60 and a 200-day moving average of $212.41. The firm has a market capitalization of $4.60 billion, a PE ratio of 80.81 and a beta of 0.81. Madison Square Garden Sports has a 1-year low of $173.26 and a 1-year high of $237.99.