Best Video Game Stocks Worth Watching – November 4th

Turtle Beach, Motorsport Games, and Allied Gaming & Entertainment are the three Video Game stocks to watch today, according to MarketBeat’s stock screener tool. Video game stocks are shares of publicly traded companies involved in developing, publishing, distributing, or supporting video games and related services. For stock market investors, these stocks offer exposure to the gaming industry’s growth but may be affected by factors such as game releases, consumer demand, competition, in-game spending, and regulatory changes. These companies had the highest dollar trading volume of any Video Game stocks within the last several days.

Turtle Beach (TBCH)

Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, personal computers, handheld consoles, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, mousepads, and other accessories for the personal computer peripherals market under the brand of ROCCAT, as well as digital USB and analog microphones under the Neat Microphones brand.

TBCH stock traded up $0.99 during mid-day trading on Wednesday, hitting $16.82. 286,794 shares of the company were exchanged, compared to its average volume of 331,123. The company has a current ratio of 2.38, a quick ratio of 1.30 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $301.16 million, a PE ratio of -80.14 and a beta of 2.36. Turtle Beach has a 1-year low of $9.84 and a 1-year high of $17.04. The business has a 50 day simple moving average of $13.77 and a 200-day simple moving average of $12.60.

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 traded down $0.29 during trading hours on Wednesday, reaching $4.42. The stock had a trading volume of 39,500 shares, compared to its average volume of 79,557. The company’s 50-day moving average is $4.68 and its two-hundred day moving average is $4.27. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.85 and a current ratio of 1.85. The stock has a market capitalization of $18.43 million, a PE ratio of 10.36, a PEG ratio of 0.66 and a beta of 2.03. Motorsport Games has a 12 month low of $2.11 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.

NASDAQ:AIFA traded up $0.02 during trading hours on Wednesday, reaching $4.05. The company had a trading volume of 24,573 shares, compared to its average volume of 936,397. Allied Gaming & Entertainment has a twelve month low of $1.51 and a twelve month high of $8.93. The firm has a market cap of $26.00 million, a price-to-earnings ratio of -0.90 and a beta of 2.53. The business’s 50-day simple moving average is $4.00 and its two-hundred day simple moving average is $2.69.