Esports Stocks To Research – April 20th

Motorsport Games, PENN Entertainment, and Insight Enterprises are the three Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are equity shares of companies that operate within or support the competitive video gaming industry. These can include firms that develop games, organize tournaments, produce gaming hardware, or provide streaming and broadcasting services tied to esports events. 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.

Shares of MSGM stock traded up $1.63 on Friday, hitting $2.75. 36,648,166 shares of the stock traded hands, compared to its average volume of 597,195. The firm has a market cap of $10.38 million, a price-to-earnings ratio of 1.70 and a beta of 2.02. The firm has a 50 day simple moving average of $1.20 and a two-hundred day simple moving average of $1.26. Motorsport Games has a 52 week low of $0.73 and a 52 week high of $3.75.

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.

PENN traded up $0.07 on Friday, hitting $14.34. 3,559,191 shares of the company’s stock traded hands, compared to its average volume of 4,494,228. The company’s 50 day simple moving average is $17.73 and its 200-day simple moving average is $19.11. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 2.34. PENN Entertainment has a one year low of $13.25 and a one year high of $23.08. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of -4.04, a P/E/G ratio of 1.55 and a beta of 1.96.

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 traded up $0.03 during trading on Friday, reaching $133.35. 174,901 shares of the company traded hands, compared to its average volume of 309,834. Insight Enterprises has a 12-month low of $126.10 and a 12-month high of $228.07. The firm has a fifty day simple moving average of $150.11 and a 200 day simple moving average of $165.20. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.15 and a current ratio of 1.18. The company has a market cap of $4.24 billion, a P/E ratio of 20.45, a PEG ratio of 1.40 and a beta of 1.31.