Promising Virtual Reality Stocks To Watch Today - August 15th

Key Points

• Meta Platforms, Unity Software, GameStop, Best Buy, EPAM Systems, Ambarella, and Ambiq Micro are the seven virtual reality stocks highlighted for their significant trading volumes and relevance in the emerging VR market.
• Meta's stock recently reached $788.28 with a market cap of $1.98 trillion, reflecting strong investor interest despite fluctuations over the past year.
• Unity Software and GameStop stocks have reported trading volumes significantly lower than their averages, indicating market volatility and investor caution in recent trading sessions.

Meta Platforms, Unity Software, GameStop, Best Buy, EPAM Systems, Ambarella, and Ambiq Micro 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 develop, manufacture or distribute hardware, software and content for immersive virtual experiences. Investors in these stocks gain exposure to the emerging VR market, which spans gaming, entertainment, education, healthcare and enterprise applications. Their performance is driven by factors such as technological innovation, consumer adoption 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.

Shares of NASDAQ META traded up $6.15 during trading hours on Friday, hitting $788.28. The company's stock had a trading volume of 7,166,416 shares, compared to its average volume of 15,291,957. Meta Platforms has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The business has a 50-day simple moving average of $722.68 and a 200-day simple moving average of $654.81. The stock has a market cap of $1.98 trillion, a price-to-earnings ratio of 28.54, a P/E/G ratio of 1.62 and a beta of 1.27.

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 down $0.21 during trading on Friday, hitting $38.21. 5,089,301 shares of the company's stock traded hands, compared to its average volume of 12,436,842. The company has a current ratio of 2.73, a quick ratio of 2.73 and a debt-to-equity ratio of 0.70. Unity Software has a 12-month low of $15.33 and a 12-month high of $38.99. The company's 50 day simple moving average is $29.37 and its two-hundred day simple moving average is $24.40. The stock has a market capitalization of $16.14 billion, a price-to-earnings ratio of -36.03 and a beta of 2.32.

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 up $0.02 during trading hours on Friday, reaching $22.91. The company's stock had a trading volume of 3,304,895 shares, compared to its average volume of 11,116,519. The company has a market capitalization of $10.25 billion, a price-to-earnings ratio of 49.82 and a beta of -0.72. The firm's 50-day moving average price is $23.67 and its 200-day moving average price is $25.38. GameStop has a 1 year low of $19.31 and a 1 year high of $35.81. The company has a quick ratio of 7.89, a current ratio of 8.39 and a debt-to-equity ratio of 0.30.

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.

Best Buy stock traded down $0.19 during mid-day trading on Friday, hitting $71.55. The company's stock had a trading volume of 997,072 shares, compared to its average volume of 3,606,747. The company has a 50 day moving average of $69.25 and a 200-day moving average of $72.42. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 1.02. Best Buy has a one year low of $54.99 and a one year high of $103.71. The stock has a market cap of $15.12 billion, a PE ratio of 17.48, a P/E/G ratio of 1.92 and a beta of 1.21.

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 down $1.45 during trading on Friday, reaching $157.86. The company's stock had a trading volume of 318,734 shares, compared to its average volume of 748,819. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. The company has a market cap of $8.79 billion, a price-to-earnings ratio of 22.51, a P/E/G ratio of 2.40 and a beta of 1.67. The company has a 50-day simple moving average of $168.53 and a two-hundred day simple moving average of $182.17. EPAM Systems has a 1-year low of $138.15 and a 1-year high of $269.00.

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.

Shares of Ambarella stock traded down $1.93 during trading on Friday, hitting $66.65. 189,239 shares of the company's stock were exchanged, compared to its average volume of 838,305. Ambarella has a 52-week low of $38.86 and a 52-week high of $85.15. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of -26.77 and a beta of 2.08. The business has a 50-day simple moving average of $63.40 and a 200-day simple moving average of $59.89.

Read Our Latest Research Report on AMBA

Ambiq Micro (AMBQ)

Our mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. We are a pioneer and leading provider of ultra-low power semiconductor solutions designed to address the significant power consumption challenges of general purpose and AI compute – especially at the edge.

AMBQ stock traded up $0.06 during trading on Friday, hitting $37.85. 82,190 shares of the company traded hands, compared to its average volume of 722,979. Ambiq Micro has a 1 year low of $32.89 and a 1 year high of $51.76.

Read Our Latest Research Report on AMBQ

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