Meta Platforms, Unity Software, and Best Buy are the three Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. Virtual reality stocks are shares of publicly traded companies that develop, manufacture or distribute virtual reality hardware, software and related services. Investing in these stocks lets individuals gain exposure to the potential growth of the VR industry as consumer and enterprise adoption expands. Like other equities, their prices fluctuate in response to technological advances, market competition and broader economic trends. 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 stock traded down $1.63 during mid-day trading on Thursday, reaching $701.28. The company's stock had a trading volume of 7,729,809 shares, compared to its average volume of 14,404,607. The company has a market cap of $1.76 trillion, a price-to-earnings ratio of 27.35, a price-to-earnings-growth ratio of 1.74 and a beta of 1.28. Meta Platforms has a 12 month low of $442.65 and a 12 month high of $747.90. The business's 50 day moving average price is $681.78 and its 200 day moving average price is $636.39. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.16.
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 NYSE U traded up $2.38 during trading on Thursday, reaching $36.32. 31,215,007 shares of the stock traded hands, compared to its average volume of 11,935,347. Unity Software has a 52-week low of $13.90 and a 52-week high of $38.89. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.74 and a quick ratio of 2.74. The company has a 50-day moving average of $24.53 and a 200-day moving average of $22.70. The stock has a market capitalization of $15.10 billion, a P/E ratio of -32.24 and a beta of 2.29.
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.
NYSE BBY traded up $0.67 during trading on Thursday, reaching $67.52. The company's stock had a trading volume of 1,610,997 shares, compared to its average volume of 3,347,561. The firm has a fifty day moving average of $70.47 and a 200 day moving average of $74.80. Best Buy has a one year low of $54.99 and a one year high of $103.71. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.02 and a quick ratio of 0.32. The stock has a market capitalization of $14.27 billion, a PE ratio of 16.52, a P/E/G ratio of 1.82 and a beta of 1.24.
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Further Reading
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