Meta Platforms, Best Buy, Unity Software, GameStop, EPAM Systems, Ambarella, and POET Technologies are the seven Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. Virtual reality (VR) stocks are shares of publicly traded companies whose primary business involves the development, manufacture or distribution of immersive hardware (such as headsets and controllers), software (games, simulations, or applications) and related services. Buying VR stocks gives investors exposure to the growth potential of virtual and augmented reality technologies across gaming, training, healthcare and enterprise markets. As a nascent sector, VR stocks can exhibit higher volatility driven by rapid innovation cycles, shifting consumer adoption and substantial R&D investments. 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 down $1.67 during trading hours on Tuesday, reaching $669.23. The company had a trading volume of 7,087,525 shares, compared to its average volume of 14,458,970. 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 cap of $1.68 trillion, a PE ratio of 27.98, a price-to-earnings-growth ratio of 1.42 and a beta of 1.24. The business has a fifty day moving average price of $579.76 and a 200-day moving average price of $612.10. Meta Platforms has a one year low of $442.65 and a one year high of $740.91.
Read Our Latest Research Report on META
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.
NYSE:BBY traded up $1.58 during trading hours on Tuesday, hitting $69.85. 2,014,945 shares of the stock traded hands, compared to its average volume of 3,347,012. The company has a market cap of $14.79 billion, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 2.10 and a beta of 1.27. The stock has a 50 day moving average price of $67.12 and a 200 day moving average price of $78.59. The company has a quick ratio of 0.22, a current ratio of 1.00 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.
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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.
U stock traded up $0.01 during mid-day trading on Tuesday, reaching $26.25. 5,160,661 shares of the stock traded hands, compared to its average volume of 11,217,617. Unity Software has a one year low of $13.90 and a one year high of $30.88. The business has a 50-day moving average price of $20.80 and a two-hundred day moving average price of $22.27. The stock has a market capitalization of $10.91 billion, a PE ratio of -15.62 and a beta of 2.29. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.41 and a current ratio of 2.41.
Read Our Latest Research Report on U
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 GME traded down $0.20 during mid-day trading on Tuesday, hitting $30.44. 4,037,754 shares of the company traded hands, compared to its average volume of 16,417,893. GameStop has a 1-year low of $18.73 and a 1-year high of $48.00. The business has a 50 day moving average of $26.98 and a 200 day moving average of $27.36. The company has a market capitalization of $13.62 billion, a PE ratio of 169.12 and a beta of -0.76.
Read Our Latest Research Report on GME
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 up $4.28 during midday trading on Tuesday, reaching $174.86. 320,402 shares of the company's stock traded hands, compared to its average volume of 697,235. The company has a fifty day simple moving average of $164.20 and a two-hundred day simple moving average of $207.48. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.56 and a current ratio of 2.96. The company has a market cap of $9.91 billion, a P/E ratio of 22.30, a PEG ratio of 3.38 and a beta of 1.71. EPAM Systems has a 1 year low of $138.15 and a 1 year high of $269.00.
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 AMBA stock traded up $1.25 during trading hours on Tuesday, hitting $54.41. The company had a trading volume of 608,873 shares, compared to its average volume of 710,739. The stock has a market capitalization of $2.31 billion, a PE ratio of -14.10 and a beta of 1.99. The company's fifty day moving average is $51.27 and its 200 day moving average is $63.42. Ambarella has a fifty-two week low of $38.86 and a fifty-two week high of $85.15.
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.
POET stock traded up $0.10 during trading on Tuesday, hitting $4.28. 535,958 shares of the company's stock were exchanged, compared to its average volume of 1,540,397. POET Technologies has a 52-week low of $1.65 and a 52-week high of $7.79. The business has a 50-day moving average price of $4.09 and a two-hundred day moving average price of $4.52. The stock has a market capitalization of $335.80 million, a price-to-earnings ratio of -7.25 and a beta of 0.19.
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Further Reading
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