Esports Stocks To Add to Your Watchlist – November 12th

Motorsport Games, Allied Gaming & Entertainment, and NIP Group are the three Esports stocks to watch today, according to MarketBeat’s stock screener tool. “Esports stocks” are shares of publicly traded companies that generate revenue from competitive video gaming, such as game publishers, esports organizations, streaming platforms, or gaming-hardware makers. The term describes an investment theme rather than a single industry category, and a company’s esports exposure may be only one part of its business. 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 NASDAQ:MSGM traded down $0.04 during trading on Thursday, hitting $4.31. The company’s stock had a trading volume of 25,185 shares, compared to its average volume of 78,733. The company has a 50-day moving average of $4.73 and a 200-day moving average of $4.30. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.85 and a quick ratio of 1.85. The firm has a market cap of $17.98 million, a price-to-earnings ratio of 10.05, a P/E/G ratio of 0.58 and a beta of 2.03. Motorsport Games has a 12 month low of $2.46 and a 12 month 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.

Shares of NASDAQ AIFA traded down $0.04 during midday trading on Thursday, reaching $3.74. The stock had a trading volume of 18,086 shares, compared to its average volume of 911,658. The company has a market capitalization of $24.01 million, a price-to-earnings ratio of -0.83 and a beta of 2.53. The stock has a 50-day moving average of $4.11 and a 200-day moving average of $2.75. Allied Gaming & Entertainment has a 12-month low of $1.51 and a 12-month high of $8.93.

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.

NIPG stock traded down $0.15 during mid-day trading on Thursday, hitting $3.49. The company had a trading volume of 9,657 shares, compared to its average volume of 14,802. The company has a 50-day moving average price of $9.36 and a 200 day moving average price of $15.35. NIP Group has a 12-month low of $3.20 and a 12-month high of $46.80.