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Promising Virtual Reality Stocks To Keep An Eye On - May 16th

Meta Platforms logo with Computer and Technology background

Meta Platforms, GameStop, EPAM Systems, Unity Software, and Best Buy are the five Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. Virtual reality stocks are shares of publicly traded companies involved in developing, manufacturing or distributing virtual reality hardware, software and services. These firms may produce VR headsets and controllers, design immersive applications for gaming or training, or create the underlying graphics and sensor technologies. Investors buy virtual reality stocks to gain exposure to the sector’s growth potential as VR adoption expands across entertainment, education and enterprise markets. 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 traded down $6.78 during mid-day trading on Friday, reaching $637.10. The company's stock had a trading volume of 12,506,880 shares, compared to its average volume of 14,517,316. The business has a fifty day moving average of $570.68 and a 200 day moving average of $606.39. The company has a market cap of $1.61 trillion, a price-to-earnings ratio of 26.59, a price-to-earnings-growth ratio of 1.42 and a beta of 1.24. Meta Platforms has a 1 year low of $442.65 and a 1 year high of $740.91. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16.

Read Our Latest Research Report on META

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.

Shares of GME traded down $0.11 during mid-day trading on Friday, reaching $28.52. The company's stock had a trading volume of 4,303,748 shares, compared to its average volume of 17,950,080. The business has a fifty day moving average of $25.41 and a 200 day moving average of $26.81. The company has a market cap of $12.76 billion, a price-to-earnings ratio of 158.54 and a beta of -0.76. GameStop has a 1 year low of $17.70 and a 1 year high of $48.00.

Read Our Latest Research Report on GME

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 traded down $1.82 during mid-day trading on Friday, reaching $182.88. The company's stock had a trading volume of 487,664 shares, compared to its average volume of 681,320. The business has a fifty day moving average of $164.93 and a 200 day moving average of $210.76. The company has a market cap of $10.44 billion, a price-to-earnings ratio of 23.29, a price-to-earnings-growth ratio of 3.38 and a beta of 1.71. EPAM Systems has a 1 year low of $138.15 and a 1 year high of $269.00. The company has a quick ratio of 4.56, a current ratio of 2.96 and a debt-to-equity ratio of 0.01.

Read Our Latest Research Report on EPAM

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 U traded up $0.99 during mid-day trading on Friday, reaching $22.21. The company's stock had a trading volume of 3,849,846 shares, compared to its average volume of 10,898,659. The business has a fifty day moving average of $20.48 and a 200 day moving average of $22.02. The company has a market cap of $9.23 billion, a price-to-earnings ratio of -13.22 and a beta of 2.29. Unity Software has a 1 year low of $13.90 and a 1 year high of $30.88. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.70.

Read Our Latest Research Report on U

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.

Shares of NYSE:BBY traded up $0.95 during midday trading on Friday, hitting $73.79. 795,299 shares of the stock were exchanged, compared to its average volume of 3,339,937. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.22 and a current ratio of 1.00. Best Buy has a 52-week low of $54.99 and a 52-week high of $103.71. The business's fifty day simple moving average is $67.92 and its two-hundred day simple moving average is $80.46. The company has a market capitalization of $15.62 billion, a PE ratio of 12.62, a P/E/G ratio of 2.10 and a beta of 1.27.

Read Our Latest Research Report on BBY

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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