Esports Entertainment Group GMBL Stock Price & Overview

With many professional athletes and celebrities supporting esports, the industry has gained the attention of numerous investors. While esports stocks are an option for investors, it’s important to remember the scale of the market. There is considerable potential in areas such as mobile gaming and live esports betting that could help push esports to new heights. Several companies have invested heavily in the potential of esports, but Microsoft’s pending $68.7 billion deal for Activision Blizzard could be the largest.

Fast facts about esports

  • Just like traditional sports, some games are one-on-one, while others are team-based; however, these matches are played using computers or game consoles.
  • He’s thoroughly researched the corporate financialworld as well and has an innate understanding of the banking and credit sector.
  • The top 5 holdings include NVIDIA, AMD, Activision Blizzard, Roblox, and Tencent.
  • It is important to learn how to judge if a stock’s current value is a good investment, or if it is currently overvalued compared to the company itself.

Many people tend to buy stocks online from share dealing platforms. By heading to one of these sites you should be able to buy shares from any esports or gaming company listed on a stock exchange. Share dealing platforms cover the larger stock exchanges like the London Stock Exchange or New York Stock Exchange. While not all video game companies will continue to produce popular franchises, those leading the development and growth of video games are likely to benefit the most from the ongoing rise of gaming. Founded in 1982, Electronic Arts continues to play a defining role in the progression of the interactive entertainment industry. It’s the second-largest video game company by revenue and maintains a leading position in the sports subgenre of gaming.

  • This initiative aims to bridge the gap between esports and traditional sports through nation-based tournaments.
  • Zhang says NetEases’s Marvel Rivals, released in December, has been a big success.
  • Kevin Durant – Invested $38 million in the esports investment fund and management company, Vision Esports.

Can I Invest in Esports Stocks in Canada?

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These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future. This screen identifies stocks that have gapped up, opening significantly higher than their previous day’s closing price. A gap up is often triggered by positive earnings reports, bullish news, analyst upgrades, or strong overall market sentiment. Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff. But we also like to teach you what’s beneath the Foundation of the stock market. The platform is also very user-friendly both on mobile and on the computer.

Featured eSports Stocks

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This suggests that the stock may be trading near the upper end of its recent price range and could be due for a pause, pullback, or reversal. This screen identifies stocks experiencing a Bollinger Band Squeeze—a technical condition where volatility contracts to extremely low levels. Specifically, the Bollinger Bandwidth has narrowed to levels near 6-month lows, signaling a period of price compression.

Melissa Pistilli has been reporting on the markets and educating investors since 2006. She has covered a wide variety of industries in the investment space including mining, cannabis, tech and pharmaceuticals. She helps to educate investors about opportunities in a variety of growth markets.

The company’s fifty day moving average is $6.86 and its 200-day moving average is $9.18. The company has a market capitalization of $223.15 million, a price-to-earnings ratio of -5.69 and a beta of 0.70. Shares of SPHR traded up $0.82 during mid-day trading on Friday, reaching $43.31. The company had a trading volume of 330,281 shares, compared to its average volume of 808,591. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.24.

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The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. FaZe Clan has partnerships with multiple brands and influential athletes around the world. First on the eSports stocks list is Activision Blizzard, the largest independent video game developer. This company is responsible for popular games such as Overwatch, World of Warcraft, Call of Duty, Diablo, and Candy Crush.

The Bullish Bears trade alerts include both day trade and swing trade alert signals. These are stocks that we post daily in our Discord for our community members. People come here to learn, hang out, practice, trade stocks, and more. Our trade rooms are a great place to get live group mentoring and training. Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures. You’ll see how other members are doing it, share charts, share ideas and gain knowledge.

Sea is a Singapore-based company that has divisions focused on gaming, e-commerce and financial technology. Its Garena gaming business develops mobile and PC games and hosts esports events around the world. Garena claims its Free Fire World Series 2021 Singapore event was watched by 5.4 million concurrent viewers, which it says was the highest viewership of any esports event in history. Analyst Sachin Salgaonkar says Sea’s Shopee e-commerce platform is well positioned to benefit from an online retail boom in southeast Asia, and Brazil is also an attractive growth market. Bank of America has a “buy” rating and $134 price target for SE stock, which closed at $119.53 on Jan. 28. Take-Two Interactive Software is a video game publisher and owner of popular franchises including Grand Theft Auto, Red Dead Redemption and Borderlands.

eSports Stocks ETFs List

Well, the good news is that you are indeed permitted to invest in Canadian esports stocks. The absolutely fundamental aspect to remember here is that you must go through the proper channels in order to complete your stock purchases legally. Esports ETFs have held up against the recent market chaos and are proving to be a substantial investment.

ESports have a global Esports stocks appeal and are a fun way for video game fans to further engage with the titles they love. This company makes a software platform that gamers can use to broadcast as they are playing. They see the sky as the limit for Take-Two’s future in esports as it looks to bring some of its other games into the fold in the future.

Each day we have several live streamers showing you the ropes, and talking the community though the action. Fan Duel is slightly more popular than Draft Kings, which could impact your eSports stocks. The platform operates its eSports division very similarly to Draft Kings. Furthermore, just like for sports, it is now possible to gamble on the performance of your favorite eSports teams and players. Investing in stocks in general can be a very profitable activity over time, but it also carries the risk of losing the entire invested capital.


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