Esports Stocks To Add to Your Watchlist – May 28th

Allied Gaming & Entertainment, PENN Entertainment, and Insight Enterprises are the three Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are shares of publicly traded companies whose primary business revolves around competitive video gaming, including game publishers, tournament organizers, hardware manufacturers and streaming platforms. Investing in esports stocks allows individuals to gain exposure to the growing market of professional gaming and related media, merchandise and sponsorship revenue. As the popularity and commercial infrastructure of esports expand globally, these equities have become a distinct segment within the broader technology and entertainment sectors. These companies had the highest dollar trading volume of any Esports stocks within the last several days.

Allied Gaming & Entertainment (AGAE)

Allied Gaming & Entertainment, Inc. operates as an experiential entertainment company, which engages in the creation of esports venues and live events for both video games and poker. The company was founded in 2017 and is headquartered in New York, NY.

Allied Gaming & Entertainment stock traded up $0.93 during mid-day trading on Wednesday, reaching $3.27. The stock had a trading volume of 4,316,398 shares, compared to its average volume of 94,187. Allied Gaming & Entertainment has a one year low of $0.66 and a one year high of $3.72. The company has a 50-day moving average price of $1.29 and a two-hundred day moving average price of $1.09. The company has a market capitalization of $144.05 million, a price-to-earnings ratio of -12.41 and a beta of 1.32.

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 down $0.09 during midday trading on Wednesday, hitting $15.30. The stock had a trading volume of 905,945 shares, compared to its average volume of 4,198,184. The business’s 50 day moving average is $15.48 and its 200-day moving average is $18.41. PENN Entertainment has a 52 week low of $13.25 and a 52 week 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. The company has a market cap of $2.31 billion, a P/E ratio of -4.30, a PEG ratio of 1.55 and a beta of 1.81.

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 down $2.13 during trading on Wednesday, hitting $134.80. 60,322 shares of the company’s stock traded hands, compared to its average volume of 323,466. The stock has a market capitalization of $4.30 billion, a price-to-earnings ratio of 20.67, a PEG ratio of 1.40 and a beta of 1.22. The company’s 50 day simple moving average is $137.97 and its two-hundred day simple moving average is $152.10. Insight Enterprises has a 12-month low of $126.10 and a 12-month high of $228.07. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30.