Free Trial

Best Virtual Reality Stocks To Follow Now - July 6th

Meta Platforms logo with Computer and Technology background

Meta Platforms, Unity Software, GameStop, Best Buy, EPAM Systems, Ambarella, and Everbright Digital are the seven Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. Virtual reality stocks refer to shares of publicly traded companies that develop, manufacture or distribute hardware, software and content for immersive VR experiences. By buying these stocks, investors seek exposure to the rapidly growing markets for gaming, training simulations and other applications of virtual reality technology. Their performance is driven by factors like consumer adoption rates, technological innovation and competitive dynamics within the broader tech sector. 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 midday trading on Friday, hitting $716.91. The stock had a trading volume of 8,601,653 shares, compared to its average volume of 14,544,817. Meta Platforms has a 1 year low of $442.65 and a 1 year high of $747.90. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.66 and a current ratio of 2.66. The business has a fifty day moving average of $658.89 and a 200 day moving average of $630.04. The company has a market cap of $1.80 trillion, a P/E ratio of 27.96, a price-to-earnings-growth 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.

Shares of Unity Software stock traded up $1.86 during trading on Friday, reaching $26.14. The company's stock had a trading volume of 14,056,677 shares, compared to its average volume of 11,593,051. The company has a market cap of $10.86 billion, a price-to-earnings ratio of -23.33 and a beta of 2.29. The firm's 50-day moving average is $23.21 and its two-hundred day moving average is $22.32. Unity Software has a 52-week low of $13.90 and a 52-week high of $30.88. The company has a quick ratio of 2.74, a current ratio of 2.74 and a debt-to-equity ratio of 0.70.

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.

NYSE 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 11,278,607. GameStop has a 12-month low of $18.73 and a 12-month high of $35.81. The company has a debt-to-equity ratio of 0.30, a current ratio of 8.39 and a quick ratio of 7.89. The stock has a fifty day moving average of $27.11 and a two-hundred day moving average of $26.80. The firm has a market cap of $10.57 billion, a P/E ratio of 51.38 and a beta of -0.81.

Read Our Latest Research Report on GME

Best Buy (BBY)

Best Buy Co., Inc. engages in the retail of technology products in the United States, Canada, and international. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters, which includes home theater accessories, soundbars, and televisions.

BBY traded up $0.30 on Friday, hitting $71.89. 1,784,955 shares of the company were exchanged, compared to its average volume of 3,339,179. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 1.02. The firm has a fifty day simple moving average of $69.89 and a two-hundred day simple moving average of $75.59. The stock has a market capitalization of $15.19 billion, a PE ratio of 17.58, a price-to-earnings-growth ratio of 1.90 and a beta of 1.24. Best Buy has a 12 month low of $54.99 and a 12 month high of $103.71.

Read Our Latest Research Report on BBY

EPAM Systems (EPAM)

EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services.

Shares of EPAM Systems stock traded up $3.16 on Friday, hitting $182.71. The stock had a trading volume of 273,809 shares, compared to its average volume of 686,319. The company has a quick ratio of 3.06, a current ratio of 3.06 and a debt-to-equity ratio of 0.01. EPAM Systems has a one year low of $138.15 and a one year high of $269.00. The stock's 50-day simple moving average is $173.82 and its two-hundred day simple moving average is $196.13. The stock has a market cap of $10.35 billion, a price-to-earnings ratio of 25.55, a PEG ratio of 2.44 and a beta of 1.70.

Read Our Latest Research Report on EPAM

Ambarella (AMBA)

Ambarella, Inc. develops semiconductor solutions that enable high-definition (HD) and ultra HD compression, image signal processing, and artificial intelligence processing worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, artificial intelligence computer vision algorithms, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption.

NASDAQ:AMBA traded up $1.12 during midday trading on Friday, reaching $67.30. 512,300 shares of the stock traded hands, compared to its average volume of 765,806. The company has a fifty day moving average of $57.28 and a 200 day moving average of $61.57. Ambarella has a 12 month low of $38.86 and a 12 month high of $85.15. The stock has a market capitalization of $2.85 billion, a P/E ratio of -27.03 and a beta of 2.05.

Read Our Latest Research Report on AMBA

Everbright Digital (EDHL)

We are an integrated marketing solutions provider in Hong Kong that is deeply involved in the metaverse and related technologies, and are committed to providing one-stop digital marketing services to support businesses through every stage of their development. Under the all-in-one service, our revenue is generated by providing tailored marketing solutions that address the specific needs of our clients in the context of the ever-developing nature of new forms of media.

NASDAQ:EDHL traded up $0.11 during midday trading on Friday, reaching $6.14. 3,916,613 shares of the stock traded hands, compared to its average volume of 1,107,772. The business has a fifty day moving average of $4.75. Everbright Digital has a 12 month low of $3.51 and a 12 month high of $6.66.

Read Our Latest Research Report on EDHL

Featured Stories

Should You Invest $1,000 in Meta Platforms Right Now?

Before you consider Meta Platforms, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Meta Platforms wasn't on the list.

While Meta Platforms currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

Magnificent 7 Stocks Shift Toward Stability and Selective Growth
5 Blowout Earnings Winners That Could Soar Even Higher
Buy the Fear: 3 Down Stocks That Could 10x Your Profits

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines