Esports Stocks To Add to Your Watchlist – November 8th

Motorsport Games, Allied Gaming & Entertainment, NIP Group, Brag House, and Esports Entertainment Group are the five Esports stocks to watch today, according to MarketBeat’s stock screener tool. “Esports stocks” are shares of publicly traded companies with business exposure to competitive video gaming, such as game publishers, tournament organizers, streaming platforms, or gaming-hardware makers. The term describes an investment theme rather than a formal stock-market category, and many companies in it earn revenue from businesses beyond esports. 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.

MSGM traded down $0.02 during midday trading on Friday, hitting $4.25. 31,826 shares of the company traded hands, compared to its average volume of 65,136. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $17.72 million, a PE ratio of 9.88, a price-to-earnings-growth ratio of 0.57 and a beta of 2.03. The company’s 50-day moving average is $4.70 and its 200 day moving average is $4.29. Motorsport Games has a 52 week low of $2.46 and a 52 week high of $5.65.

Allied Gaming & Entertainment (AIFA)

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.

AIFA stock traded down $0.01 on Friday, hitting $3.97. The company had a trading volume of 19,593 shares, compared to its average volume of 122,881. Allied Gaming & Entertainment has a 12-month low of $1.51 and a 12-month high of $8.93. The stock’s 50-day simple moving average is $4.06 and its 200 day simple moving average is $2.72. The stock has a market cap of $25.49 million, a price-to-earnings ratio of -0.88 and a beta of 2.53.

NIP Group (NIPG)

Our mission is to create transformative esports experiences that entertain, inspire and connect fans across the globe. Our vision is to become the premier esports organization in the world. We are a leading esports organization with the most expansive global footprint by virtue of our operations across Asia, Europe and South America, according to the Frost & Sullivan Report.

Shares of NIPG traded up $0.07 during trading hours on Friday, hitting $3.72. The stock had a trading volume of 6,286 shares, compared to its average volume of 15,344. NIP Group has a 12 month low of $3.20 and a 12 month high of $48.30. The stock has a fifty day moving average price of $10.01 and a 200 day moving average price of $15.78.

Brag House (HODO)

Brag House offers an integrated electronic video game sports, or esports, platform designed for casual gamers and their friends to experience the fun, passion, intensity and excitement of college sports rivalries in an organic, inclusive and personalized gaming environment, while creating authentic pathway for brands to connect with our Generation Z (“Gen Z”) audience.

Shares of Brag House stock traded up $0.00 during trading hours on Friday, reaching $0.01. 402,245 shares of the stock traded hands, compared to its average volume of 4,722,027. Brag House has a one year low of $0.01 and a one year high of $9.64. The firm has a market capitalization of $900,445.30, a price-to-earnings ratio of -0.00 and a beta of 11.38. The company has a 50 day moving average price of $0.13 and a 200 day moving average price of $2.47.

Esports Entertainment Group (GMBL)

Esports Entertainment Group, Inc. operates as an iGaming and entertainment company in the United States and internationally. It operates through two segments, EEG iGaming and EEG Games. The EEG iGaming segment operates iDefix, a casino platform. The EEG Games segment operates ggCircuit, a local area network center management software and services for managing mission critical functions, such as game licensing and payments; and creates esports content for distribution to the betting industry.

Shares of GMBL traded up $0.01 on Friday, reaching $0.11. The company’s stock had a trading volume of 495 shares, compared to its average volume of 3,094. The stock has a market capitalization of $127,206.00, a P/E ratio of -0.00 and a beta of 0.89. The stock’s 50 day simple moving average is $0.12 and its two-hundred day simple moving average is $0.14. Esports Entertainment Group has a 12-month low of $0.06 and a 12-month high of $0.51.