Esports Stocks To Research – November 5th

Allied Gaming & Entertainment, NIP Group, and Motorsport Games are the three 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, streaming platforms, esports teams, event organizers, or gaming-hardware makers. The term describes an investment theme rather than a formal stock-market 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.

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.

NASDAQ AIFA traded up $0.05 during mid-day trading on Thursday, hitting $3.96. The company’s stock had a trading volume of 79,050 shares, compared to its average volume of 932,390. The firm has a market capitalization of $25.42 million, a P/E ratio of -0.88 and a beta of 2.53. Allied Gaming & Entertainment has a 52-week low of $1.51 and a 52-week high of $8.93. The stock’s fifty day simple moving average is $4.02 and its two-hundred day simple moving average is $2.70.

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 traded down $0.39 during trading on Thursday, hitting $3.77. 47,168 shares of the company’s stock were exchanged, compared to its average volume of 14,861. NIP Group has a 1 year low of $3.54 and a 1 year high of $48.30. The stock has a 50 day moving average price of $10.41 and a 200 day moving average price of $16.07.

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 down $0.14 during mid-day trading on Thursday, reaching $4.29. The company’s stock had a trading volume of 30,973 shares, compared to its average volume of 79,373. The company’s 50 day simple moving average is $4.69 and its 200-day simple moving average is $4.28. Motorsport Games has a 12-month low of $2.11 and a 12-month high of $5.65. 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 $17.89 million, a PE ratio of 10.02, a price-to-earnings-growth ratio of 0.63 and a beta of 2.03.