Virtual Reality Stocks To Add to Your Watchlist - July 4th

Meta Platforms, Unity Software, and GameStop 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 design, manufacture or distribute virtual reality hardware, software and related services. By buying these equities, investors gain exposure to the emerging VR market—spanning gaming, training, healthcare and enterprise applications. Their performance is driven by technological innovation, consumer adoption rates and competitive dynamics. 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 stock traded up $3.34 on Friday, reaching $716.91. The company had a trading volume of 8,601,653 shares, compared to its average volume of 14,572,054. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.16. The stock has a market cap of $1.80 trillion, a PE ratio of 27.96, a PEG ratio of 1.75 and a beta of 1.28. The company has a 50-day moving average of $655.49 and a 200-day moving average of $629.14. Meta Platforms has a 12 month low of $442.65 and a 12 month high of $747.90.

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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 $1.86 during trading hours on Friday, reaching $26.14. 14,056,677 shares of the company's stock were exchanged, compared to its average volume of 11,564,303. The company's 50-day moving average is $23.14 and its two-hundred day moving average is $22.31. Unity Software has a one year low of $13.90 and a one year high of $30.88. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.74 and a current ratio of 2.74. The company has a market capitalization of $10.86 billion, a price-to-earnings ratio of -23.33 and a beta of 2.29.

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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 down $0.32 during trading hours on Friday, reaching $23.64. 5,566,311 shares of the company's stock were exchanged, compared to its average volume of 11,280,621. The company's 50-day moving average is $27.19 and its two-hundred day moving average is $26.86. GameStop has a one year low of $18.73 and a one year high of $35.81. The company has a debt-to-equity ratio of 0.30, a quick ratio of 7.89 and a current ratio of 8.39. The company has a market capitalization of $10.57 billion, a price-to-earnings ratio of 51.38 and a beta of -0.81.

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