Best Virtual Reality Stocks To Follow Now - June 29th

Meta Platforms, Unity Software, Best Buy, GameStop, Ambarella, EPAM Systems, and Kopin are the seven Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. Virtual reality stocks are shares of publicly traded companies that design, manufacture or support the hardware, software and content used to create immersive virtual environments. They include makers of VR headsets, game and application developers, and technology firms providing the processors, sensors or platforms behind virtual experiences. Investors buy these stocks to gain exposure to the growth potential driven by rising consumer, enterprise and entertainment demand for virtual reality. 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.

Shares of Meta Platforms stock traded up $7.54 during trading on Friday, hitting $733.63. 18,758,104 shares of the stock traded hands, compared to its average volume of 14,539,418. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.16. The firm has a market cap of $1.84 trillion, a P/E ratio of 28.61, a price-to-earnings-growth ratio of 1.81 and a beta of 1.26. The stock's fifty day simple moving average is $638.51 and its 200 day simple moving average is $626.48. Meta Platforms has a 52-week low of $442.65 and a 52-week high of $740.91.

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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 $0.93 on Friday, hitting $24.33. The company had a trading volume of 14,811,707 shares, compared to its average volume of 11,510,174. The stock has a fifty day moving average price of $22.82 and a 200-day moving average price of $22.31. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.74 and a current ratio of 2.74. 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 $10.11 billion, a price-to-earnings ratio of -21.72 and a beta of 2.34.

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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 stock traded down $0.24 on Friday, hitting $68.19. 4,693,417 shares of the company's stock were exchanged, compared to its average volume of 3,324,151. The stock has a market cap of $14.41 billion, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 1.80 and a beta of 1.25. Best Buy has a 12-month low of $54.99 and a 12-month high of $103.71. 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 50 day moving average price of $69.29 and a two-hundred day moving average price of $76.18.

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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 $0.29 during trading hours on Friday, reaching $23.59. The stock had a trading volume of 11,564,109 shares, compared to its average volume of 11,428,253. GameStop has a 52-week low of $18.73 and a 52-week high of $35.81. The company has a debt-to-equity ratio of 0.30, a quick ratio of 7.89 and a current ratio of 8.39. The stock has a market cap of $10.55 billion, a P/E ratio of 51.28 and a beta of -0.69. The stock has a fifty day moving average of $27.45 and a 200 day moving average of $26.98.

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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.

AMBA stock traded down $2.24 during mid-day trading on Friday, reaching $67.06. 2,743,269 shares of the company's stock were exchanged, compared to its average volume of 760,757. The company has a market cap of $2.84 billion, a price-to-earnings ratio of -26.93 and a beta of 1.99. Ambarella has a 12-month low of $38.86 and a 12-month high of $85.15. The stock's 50 day moving average is $55.05 and its 200 day moving average is $61.81.

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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 NYSE:EPAM traded up $0.90 during midday trading on Friday, hitting $174.90. The company's stock had a trading volume of 972,227 shares, compared to its average volume of 685,317. EPAM Systems has a 12-month low of $138.15 and a 12-month high of $269.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.06 and a current ratio of 3.06. The business's 50 day simple moving average is $171.08 and its 200 day simple moving average is $198.39. The company has a market cap of $9.91 billion, a P/E ratio of 24.46, a price-to-earnings-growth ratio of 2.30 and a beta of 1.72.

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Kopin (KOPN)

Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, microLED display technologies, application specific integrated circuits, backlights, and optical lenses; and head-mounted and hand-held VR products.

KOPN traded down $0.06 on Friday, hitting $1.55. The company had a trading volume of 22,948,187 shares, compared to its average volume of 2,591,116. The firm has a market cap of $252.34 million, a P/E ratio of -14.09 and a beta of 2.85. Kopin has a 1 year low of $0.56 and a 1 year high of $2.17. The company's fifty day moving average price is $1.42 and its 200 day moving average price is $1.37.

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