Best Esports Stocks To Add to Your Watchlist – February 14th

PENN Entertainment, Sphere Entertainment, and Insight Enterprises are the three Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks refer to shares of publicly traded companies that are involved in the business of professional gaming and esports. These companies may own or operate esports teams, leagues, streaming platforms, or provide services and products related to the esports industry. Investing in esports stocks allows investors to potentially profit from the growth and popularity of competitive 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 NASDAQ:PENN traded up $0.43 during trading hours on Friday, hitting $22.87. 1,496,929 shares of the company’s stock traded hands, compared to its average volume of 4,855,360. The firm has a market capitalization of $3.49 billion, a P/E ratio of -6.44, a price-to-earnings-growth ratio of 1.53 and a beta of 2.09. The business has a fifty day moving average price of $19.86 and a 200-day moving average price of $19.55. PENN Entertainment has a 1 year low of $13.50 and a 1 year high of $23.08. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.94 and a quick 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.

Shares of SPHR stock traded down $0.35 on Friday, reaching $47.05. 195,523 shares of the company’s stock were exchanged, compared to its average volume of 622,974. Sphere Entertainment has a 52 week low of $32.10 and a 52 week high of $51.83. The stock has a market capitalization of $1.66 billion, a PE ratio of -4.49 and a beta of 1.39. The company’s fifty day simple moving average is $41.80 and its 200 day simple moving average is $42.83. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.23.

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 $0.09 during trading on Friday, hitting $167.49. The company had a trading volume of 52,988 shares, compared to its average volume of 378,755. Insight Enterprises has a 52-week low of $146.56 and a 52-week high of $228.07. The company has a 50 day simple moving average of $162.23 and a 200-day simple moving average of $183.93. The firm has a market capitalization of $5.32 billion, a P/E ratio of 25.69, a PEG ratio of 1.43 and a beta of 1.42. The company has a quick ratio of 1.20, a current ratio of 1.18 and a debt-to-equity ratio of 0.30.