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Virtual Reality Stocks To Consider - June 17th

Meta Platforms logo with Computer and Technology background

Meta Platforms, GameStop, Best Buy, Unity Software, EPAM Systems, Ambarella, and Everbright Digital are the seven Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. Virtual reality stocks are shares of companies involved in the development, manufacturing or distribution of virtual-reality hardware and software. By investing in these equities, investors gain exposure to the evolving VR market—spanning gaming, entertainment, training, healthcare and enterprise applications. Their performance often hinges on technology adoption rates, product innovation and shifts in consumer or corporate demand. 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.

Meta Platforms stock traded down $3.71 during midday trading on Tuesday, hitting $698.41. The stock had a trading volume of 5,519,894 shares, compared to its average volume of 14,484,114. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.16. Meta Platforms has a 52-week low of $442.65 and a 52-week high of $740.91. The firm's fifty day moving average is $607.90 and its two-hundred day moving average is $620.85. The company has a market capitalization of $1.76 trillion, a PE ratio of 29.18, a P/E/G ratio of 1.42 and a beta of 1.26.

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 GameStop stock traded down $0.42 during trading on Tuesday, reaching $22.90. 17,036,143 shares of the stock traded hands, compared to its average volume of 12,214,982. The business has a fifty day simple moving average of $27.96 and a two-hundred day simple moving average of $27.26. GameStop has a 52-week low of $18.73 and a 52-week high of $35.81. The company has a market capitalization of $10.25 billion, a price-to-earnings ratio of 127.40 and a beta of -0.69.

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.

Shares of BBY stock traded down $1.74 on Tuesday, reaching $69.50. The company's stock had a trading volume of 1,926,838 shares, compared to its average volume of 3,335,023. The company has a current ratio of 1.00, a quick ratio of 0.22 and a debt-to-equity ratio of 0.37. Best Buy has a 1 year low of $54.99 and a 1 year high of $103.71. The stock's fifty day simple moving average is $68.12 and its 200-day simple moving average is $77.39. The company has a market capitalization of $14.69 billion, a price-to-earnings ratio of 11.88, a price-to-earnings-growth ratio of 2.10 and a beta of 1.25.

Read Our Latest Research Report on BBY

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 down $0.83 during trading on Tuesday, hitting $23.57. The company had a trading volume of 4,630,404 shares, compared to its average volume of 11,405,360. Unity Software has a one year low of $13.90 and a one year high of $30.88. The stock has a market cap of $9.80 billion, a price-to-earnings ratio of -14.02 and a beta of 2.34. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 2.41. The company has a fifty day simple moving average of $22.00 and a two-hundred day simple moving average of $22.44.

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.

Shares of NYSE EPAM traded down $2.66 during midday trading on Tuesday, hitting $169.92. The company's stock had a trading volume of 208,695 shares, compared to its average volume of 698,594. The firm has a market cap of $9.63 billion, a P/E ratio of 21.68, a price-to-earnings-growth ratio of 3.38 and a beta of 1.72. EPAM Systems has a 12-month low of $138.15 and a 12-month high of $269.00. The company has a current ratio of 2.96, a quick ratio of 4.56 and a debt-to-equity ratio of 0.01. The business's 50 day moving average is $167.72 and its two-hundred day moving average is $202.84.

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 up $0.07 on Tuesday, hitting $52.46. 461,566 shares of the company traded hands, compared to its average volume of 844,154. The company has a market cap of $2.23 billion, a PE ratio of -13.59 and a beta of 1.99. The stock's 50 day moving average price is $52.62 and its 200-day moving average price is $62.58. Ambarella has a 52 week low of $38.86 and a 52 week high of $85.15.

Read Our Latest Research Report on AMBA

Everbright Digital (EDHL)

We are an integrated marketing solutions provider in Hong Kong that is deeply involved in the metaverse and related technologies, and are committed to providing one-stop digital marketing services to support businesses through every stage of their development. Under the all-in-one service, our revenue is generated by providing tailored marketing solutions that address the specific needs of our clients in the context of the ever-developing nature of new forms of media.

Shares of EDHL stock traded up $0.01 during mid-day trading on Tuesday, hitting $5.04. The stock had a trading volume of 546,936 shares, compared to its average volume of 172,567. Everbright Digital has a 12-month low of $3.51 and a 12-month high of $5.30.

Read Our Latest Research Report on EDHL

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