Top Virtual Reality Stocks Worth Watching - June 1st

Meta Platforms, Unity Software, EPAM Systems, Best Buy, GameStop, Ambarella, and POET Technologies 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 services for immersive 3D environments. These firms include headset and sensor makers, platform providers, content creators and enterprise‐focused solution developers. Investing in virtual reality stocks offers exposure to the growth potential of immersive technology across gaming, education, healthcare and other industries. 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.

NASDAQ META traded down $2.82 during trading hours on Friday, reaching $642.23. 16,230,863 shares of the company were exchanged, compared to its average volume of 14,482,228. Meta Platforms has a 1 year low of $442.65 and a 1 year high of $740.91. The business's 50 day simple moving average is $578.56 and its 200-day simple moving average is $611.04. 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 stock has a market capitalization of $1.61 trillion, a P/E ratio of 26.85, a P/E/G ratio of 1.42 and a beta of 1.24.

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.

NYSE U traded up $2.34 during trading hours on Friday, reaching $26.11. 46,605,302 shares of the company were exchanged, compared to its average volume of 11,215,630. Unity Software has a 1 year low of $13.90 and a 1 year high of $30.88. The business's 50 day simple moving average is $20.71 and its 200-day simple moving average is $22.18. 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 stock has a market capitalization of $10.85 billion, a P/E ratio of -15.54 and a beta of 2.29.

Read Our Latest Research Report on U

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.

NYSE EPAM traded up $0.45 during trading hours on Friday, reaching $174.23. 4,238,713 shares of the company were exchanged, compared to its average volume of 697,790. EPAM Systems has a 1 year low of $138.15 and a 1 year high of $269.00. The business's 50 day simple moving average is $164.33 and its 200-day simple moving average is $208.19. The company has a quick ratio of 4.56, a current ratio of 2.96 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $9.87 billion, a P/E ratio of 22.22, a P/E/G ratio of 3.38 and a beta of 1.71.

Read Our Latest Research Report on EPAM

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 BBY traded down $0.07 during trading hours on Friday, hitting $66.25. The company's stock had a trading volume of 6,438,698 shares, compared to its average volume of 3,346,222. The business has a 50 day simple moving average of $67.25 and a two-hundred day simple moving average of $78.85. Best Buy has a 52-week low of $54.99 and a 52-week high of $103.71. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.00 and a quick ratio of 0.22. The company has a market cap of $14.02 billion, a price-to-earnings ratio of 11.32, a PEG ratio of 2.10 and a beta of 1.27.

Read Our Latest Research Report on BBY

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 NYSE GME traded up $0.26 during midday trading on Friday, hitting $29.83. The company's stock had a trading volume of 10,186,720 shares, compared to its average volume of 16,502,956. The stock has a fifty day moving average price of $26.93 and a 200 day moving average price of $27.33. GameStop has a one year low of $18.73 and a one year high of $48.00. The firm has a market capitalization of $13.34 billion, a price-to-earnings ratio of 165.73 and a beta of -0.76.

Read Our Latest Research Report on GME

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 NASDAQ AMBA traded down $10.29 during midday trading on Friday, hitting $51.71. The company's stock had a trading volume of 4,453,032 shares, compared to its average volume of 707,168. The stock has a fifty day moving average price of $51.29 and a 200 day moving average price of $63.42. Ambarella has a one year low of $38.86 and a one year high of $85.15. The firm has a market capitalization of $2.19 billion, a price-to-earnings ratio of -13.40 and a beta of 1.99.

Read Our Latest Research Report on AMBA

POET Technologies (POET)

POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques.

Shares of NASDAQ POET traded down $0.15 during midday trading on Friday, hitting $4.26. The company's stock had a trading volume of 842,377 shares, compared to its average volume of 1,547,727. The stock has a fifty day moving average price of $4.09 and a 200 day moving average price of $4.52. POET Technologies has a one year low of $1.65 and a one year high of $7.79. The firm has a market capitalization of $334.23 million, a price-to-earnings ratio of -7.22 and a beta of 0.19.

Read Our Latest Research Report on POET