Meta Platforms, Unity Software, and GameStop are the three Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. Virtual reality stocks are shares of companies involved in developing, manufacturing or distributing the hardware, software and content that power immersive virtual reality experiences. Buying these equities gives investors exposure to the growth potential—and inherent risks—of the VR market, which is driven by technological advances, consumer adoption and competitive dynamics. These companies had the highest dollar trading volume of any Virtual Reality stocks within the last several days.
Meta Platforms (META)
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.
META traded up $3.34 during trading on Friday, hitting $716.91. 8,601,653 shares of the company's stock traded hands, compared to its average volume of 14,572,054. The company's 50 day simple moving average is $658.89 and its two-hundred day simple moving average is $629.81. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.16. Meta Platforms has a 12-month low of $442.65 and a 12-month high of $747.90. The stock has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 27.96, a PEG ratio of 1.76 and a beta of 1.28.
Read Our Latest Research Report on META
Unity Software (U)
Unity Software Inc. operates a real-time 3D development platform. Its platform provides software solutions to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The company offers its solutions directly through its online store and field sales operations in North America, Denmark, Finland, the United Kingdom, Germany, Japan, China, Singapore, and South Korea, as well as indirectly through independent distributors and resellers worldwide.
U traded up $1.86 during trading on Friday, hitting $26.14. 14,056,677 shares of the company's stock traded hands, compared to its average volume of 11,564,303. The company's 50 day simple moving average is $23.21 and its two-hundred day simple moving average is $22.32. The company has a current ratio of 2.74, a quick ratio of 2.74 and a debt-to-equity ratio of 0.70. Unity Software has a 12-month low of $13.90 and a 12-month high of $30.88. The stock has a market capitalization of $10.86 billion, a price-to-earnings ratio of -23.33 and a beta of 2.29.
Read Our Latest Research Report on U
GameStop (GME)
GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads.
GME traded down $0.32 during trading on Friday, hitting $23.64. 5,566,311 shares of the company's stock traded hands, compared to its average volume of 11,280,621. The company's 50 day simple moving average is $27.11 and its two-hundred day simple moving average is $26.81. The company has a current ratio of 8.39, a quick ratio of 7.89 and a debt-to-equity ratio of 0.30. GameStop has a 12-month low of $18.73 and a 12-month high of $35.81. The stock has a market capitalization of $10.57 billion, a price-to-earnings ratio of 51.38 and a beta of -0.81.
Read Our Latest Research Report on GME
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