Meta Platforms, GameStop, and Unity Software 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 (such as headsets) and software (such as immersive applications and games). Investing in these stocks provides exposure to the growing market for VR technology across gaming, training, education, and enterprise solutions. Because the VR industry is still evolving and dependent on consumer and business adoption, these equities can exhibit higher volatility than more established tech sectors. 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 down $3.21 during trading on Friday, reaching $594.80. 6,999,341 shares of the company were exchanged, compared to its average volume of 14,418,249. Meta Platforms has a twelve month low of $442.65 and a twelve month high of $740.91. The business has a 50-day moving average price of $569.82 and a 200-day moving average price of $604.14. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $1.51 trillion, a price-to-earnings ratio of 24.87, a P/E/G ratio of 1.42 and a beta of 1.24.
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 stock traded up $0.75 on Friday, reaching $27.53. The company had a trading volume of 5,444,976 shares, compared to its average volume of 20,102,155. The stock has a market cap of $12.31 billion, a PE ratio of 152.95 and a beta of -0.76. The company has a 50-day moving average of $24.98 and a 200-day moving average of $26.56. GameStop has a 12 month low of $15.35 and a 12 month high of $64.83.
Read Our Latest Research Report on GME
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.
NYSE U traded down $0.01 during trading on Friday, reaching $20.64. 4,792,394 shares of the stock traded hands, compared to its average volume of 11,036,709. The stock's 50-day moving average price is $20.72 and its 200 day moving average price is $21.99. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.70. The firm has a market cap of $8.58 billion, a price-to-earnings ratio of -12.29 and a beta of 2.29. Unity Software has a fifty-two week low of $13.90 and a fifty-two week high of $30.88.
Read Our Latest Research Report on U
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