Esports Stocks Worth Watching – March 27th

Insight Enterprises, PENN Entertainment, and Sphere Entertainment are the three Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are shares of publicly traded companies operating within the competitive video gaming industry, including game developers, team organizations, tournament organizers, and streaming platforms. These stocks offer investors exposure to the expanding esports sector, which thrives on sponsorship deals, advertising revenue, and merchandise sales. 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.

NASDAQ NSIT traded down $1.49 on Thursday, hitting $154.42. The company had a trading volume of 123,407 shares, compared to its average volume of 283,830. 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 company has a market capitalization of $4.91 billion, a PE ratio of 23.67, a PEG ratio of 1.40 and a beta of 1.40. Insight Enterprises has a 12-month low of $146.56 and a 12-month high of $228.07. The company’s fifty day moving average price is $162.47 and its 200-day moving average price is $174.34.

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 stock traded down $0.29 on Thursday, reaching $17.08. 730,013 shares of the company were exchanged, compared to its average volume of 4,425,431. The company has a market cap of $2.61 billion, a price-to-earnings ratio of -4.80, a P/E/G ratio of 1.55 and a beta of 2.19. PENN Entertainment has a 1 year low of $13.50 and a 1 year high of $23.08. The business has a 50-day moving average price of $19.81 and a 200 day moving average price of $19.62. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.94 and a current ratio of 0.94.

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 $0.40 during trading hours on Thursday, hitting $33.40. 252,756 shares of the stock were exchanged, compared to its average volume of 729,697. The firm’s fifty day moving average price is $41.05 and its 200 day moving average price is $41.52. Sphere Entertainment has a 52-week low of $30.62 and a 52-week high of $50.88. The company has a market cap of $1.20 billion, a P/E ratio of -3.17 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.