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 whose primary business involves the development, manufacturing or distribution of virtual reality (VR) hardware, software and content. By investing in these stocks, shareholders gain exposure to the growth potential of immersive technologies used in gaming, education, training and enterprise applications. Like other equities, their market value fluctuates based on company performance, industry trends and broader economic conditions. 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 $2.56 during midday trading on Thursday, reaching $716.14. The company's stock had a trading volume of 6,430,526 shares, compared to its average volume of 15,473,260. Meta Platforms has a 12-month low of $442.65 and a 12-month high of $747.90. The firm has a 50 day moving average price of $689.62 and a 200-day moving average price of $640.33. The stock has a market capitalization of $1.80 trillion, a P/E ratio of 27.90, a PEG ratio of 1.71 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.66 and a quick ratio of 2.66.
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 $0.16 during midday trading on Thursday, reaching $33.57. The company's stock had a trading volume of 5,480,526 shares, compared to its average volume of 12,191,075. Unity Software has a 12-month low of $13.90 and a 12-month high of $38.96. The firm has a 50 day moving average price of $25.94 and a 200-day moving average price of $23.12. The stock has a market capitalization of $13.95 billion, a P/E ratio of -30.02 and a beta of 2.29. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.74 and a quick ratio of 2.74.
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 down $0.74 during mid-day trading on Thursday, reaching $67.72. The company had a trading volume of 1,487,471 shares, compared to its average volume of 3,695,006. The company has a current ratio of 1.02, a quick ratio of 0.32 and a debt-to-equity ratio of 0.42. The firm has a market cap of $14.31 billion, a price-to-earnings ratio of 16.56, a PEG ratio of 1.80 and a beta of 1.24. The company's 50-day moving average price is $70.06 and its 200-day moving average price is $74.18. Best Buy has a one year low of $54.99 and a one year high of $103.71.
Read Our Latest Research Report on BBY
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