Meta Platforms, GameStop, and Best Buy are the three Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. Virtual reality stocks are equity shares of companies engaged in developing and commercializing virtual reality technologies, including hardware (headsets, sensors), software (games, simulations) and related platforms. By buying these stocks, investors gain exposure to firms driving immersive experiences in gaming, training, design and emerging metaverse applications. Their performance typically reflects advances in VR adoption, technological breakthroughs and consumer or enterprise 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 $5.40 during trading on Friday, reaching $631.17. The company had a trading volume of 5,527,778 shares, compared to its average volume of 14,463,043. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.98 and a current ratio of 2.98. The firm has a market capitalization of $1.59 trillion, a price-to-earnings ratio of 26.38, a PEG ratio of 1.42 and a beta of 1.24. Meta Platforms has a 12-month low of $442.65 and a 12-month high of $740.91. The stock's 50 day moving average price is $573.91 and its two-hundred day moving average price is $608.53.
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 NYSE GME traded up $1.52 during trading on Friday, hitting $32.38. 22,411,255 shares of the company traded hands, compared to its average volume of 16,929,741. The firm has a market capitalization of $14.48 billion, a P/E ratio of 180.03 and a beta of -0.76. The company has a 50-day moving average price of $26.02 and a 200-day moving average price of $27.02. GameStop has a 1 year low of $17.70 and a 1 year high of $48.00.
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.
Best Buy stock traded down $0.52 during midday trading on Friday, reaching $70.24. The stock had a trading volume of 1,978,869 shares, compared to its average volume of 3,592,354. The stock's 50-day simple moving average is $67.81 and its 200 day simple moving average is $79.79. Best Buy has a twelve month low of $54.99 and a twelve month high of $103.71. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.22 and a current ratio of 1.00. The stock has a market capitalization of $14.87 billion, a PE ratio of 12.01, a price-to-earnings-growth ratio of 2.10 and a beta of 1.27.
Read Our Latest Research Report on BBY
Further Reading
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