Virtual Reality Stocks To Follow Today - May 15th

Meta Platforms, GameStop, and Unity Software 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 develop, manufacture or distribute virtual reality hardware, software and related services. By investing in these stocks, investors gain exposure to the growth potential of immersive technologies used in gaming, training, healthcare and other sectors. Like many emerging-tech investments, VR equities can offer high upside but often experience above-average volatility. 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 $6.54 during trading hours on Thursday, hitting $652.82. 6,758,548 shares of the stock traded hands, compared to its average volume of 14,488,807. The firm has a 50 day moving average price of $569.76 and a 200 day moving average price of $605.94. Meta Platforms has a fifty-two week low of $442.65 and a fifty-two week high of $740.91. The firm has a market cap of $1.65 trillion, a price-to-earnings ratio of 27.29, a PEG ratio of 1.42 and a beta of 1.24. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.16.

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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.

GameStop stock traded down $0.51 on Thursday, reaching $28.22. 5,921,378 shares of the stock were exchanged, compared to its average volume of 18,444,041. The firm has a fifty day moving average price of $25.28 and a two-hundred day moving average price of $26.77. The stock has a market cap of $12.62 billion, a PE ratio of 156.57 and a beta of -0.76. GameStop has a twelve month low of $17.70 and a twelve month high of $48.00.

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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.

Shares of Unity Software stock traded down $0.26 during mid-day trading on Thursday, reaching $21.28. 4,713,395 shares of the stock were exchanged, compared to its average volume of 10,922,213. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.70. Unity Software has a fifty-two week low of $13.90 and a fifty-two week high of $30.88. The company has a market cap of $8.84 billion, a price-to-earnings ratio of -12.66 and a beta of 2.29. The firm has a 50-day simple moving average of $20.49 and a 200 day simple moving average of $22.02.

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