Esports Stocks To Add to Your Watchlist – April 4th

PENN Entertainment, Insight Enterprises, and Madison Square Garden Sports are the three Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are shares in companies that are directly involved in the esports industry, such as game developers, tournament organizers, broadcasters, and sponsors. These stocks allow investors to gain exposure to the growing popularity and commercialization of competitive video gaming. 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.

Shares of PENN Entertainment stock traded down $1.69 during trading hours on Friday, hitting $13.77. The company’s stock had a trading volume of 3,615,294 shares, compared to its average volume of 4,510,220. The business has a fifty day moving average of $19.36 and a 200 day moving average of $19.54. The company has a market capitalization of $2.11 billion, a PE ratio of -3.87, a P/E/G ratio of 1.55 and a beta of 2.19. PENN Entertainment has a 1-year low of $13.26 and a 1-year high of $23.08. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 2.34.

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 stock traded down $5.71 during midday trading on Friday, hitting $131.27. 303,120 shares of the company’s stock were exchanged, compared to its average volume of 300,488. The stock has a market capitalization of $4.17 billion, a price-to-earnings ratio of 20.17, a price-to-earnings-growth ratio of 1.40 and a beta of 1.40. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30. Insight Enterprises has a 12-month low of $128.02 and a 12-month high of $228.07. The firm has a 50 day moving average price of $159.90 and a 200-day moving average price of $172.29.

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 down $12.81 during mid-day trading on Friday, hitting $180.55. The stock had a trading volume of 121,573 shares, compared to its average volume of 109,269. The company’s fifty day simple moving average is $203.03 and its two-hundred day simple moving average is $214.38. Madison Square Garden Sports has a fifty-two week low of $178.35 and a fifty-two week high of $237.99. The company has a market cap of $4.33 billion, a PE ratio of 76.23 and a beta of 0.91.