Virtual Reality Stocks To Research - August 13th

Key Points

• Meta Platforms, Unity Software, Best Buy, GameStop, and EPAM Systems are highlighted as the top five virtual reality stocks to research, indicating growing investor interest in the VR market.
• Meta Platforms is currently valued at a market cap of $1.97 trillion, with stock trading at $783.45, down $6.56 in a recent session, reflecting the company's volatility.
• Unity Software is trading at $37.10, showing a significant increase in trading volume compared to its average, indicating heightened investor activity in the tech space.

Meta Platforms, Unity Software, Best Buy, GameStop, and EPAM Systems are the five Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. Virtual reality stocks are shares of companies that develop, manufacture or distribute hardware, software and content for immersive VR experiences—everything from headsets and motion controllers to simulation platforms and virtual environments. Investors buy these stocks to gain exposure to the growing VR market, though their performance often hinges on technology advances, 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.

META stock traded down $6.56 on Wednesday, hitting $783.45. The company had a trading volume of 5,436,989 shares, compared to its average volume of 15,369,829. Meta Platforms has a 12-month low of $479.80 and a 12-month high of $795.46. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The stock's 50-day simple moving average is $718.89 and its 200 day simple moving average is $653.09. The stock has a market cap of $1.97 trillion, a price-to-earnings ratio of 28.41, a P/E/G ratio of 1.59 and a beta of 1.27.

Read Our Latest Research Report on META

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 down $0.19 on Wednesday, hitting $37.10. The company had a trading volume of 9,622,886 shares, compared to its average volume of 12,443,669. Unity Software has a 12-month low of $15.33 and a 12-month high of $38.96. The company has a current ratio of 2.73, a quick ratio of 2.73 and a debt-to-equity ratio of 0.70. The stock's 50-day simple moving average is $28.86 and its 200 day simple moving average is $24.19. The stock has a market cap of $15.67 billion, a price-to-earnings ratio of -35.14 and a beta of 2.32.

Read Our Latest Research Report on U

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 Best Buy stock traded up $1.80 on Wednesday, hitting $72.04. 1,532,361 shares of the company's stock were exchanged, compared to its average volume of 3,616,391. The company has a 50-day simple moving average of $69.16 and a 200-day simple moving average of $72.51. The stock has a market capitalization of $15.23 billion, a PE ratio of 17.60, a PEG ratio of 1.81 and a beta of 1.21. Best Buy has a 1 year low of $54.99 and a 1 year high of $103.71. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 1.02.

Read Our Latest Research Report on BBY

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 $0.01 on Wednesday, hitting $22.93. 3,530,012 shares of the company's stock were exchanged, compared to its average volume of 11,197,932. The company has a 50-day simple moving average of $23.95 and a 200-day simple moving average of $25.43. The stock has a market capitalization of $10.26 billion, a PE ratio of 49.81 and a beta of -0.72. GameStop has a 1 year low of $19.31 and a 1 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.

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 EPAM Systems stock traded up $6.08 on Wednesday, hitting $159.01. 387,820 shares of the company's stock were exchanged, compared to its average volume of 749,585. The company has a 50-day simple moving average of $169.13 and a 200-day simple moving average of $182.96. The stock has a market capitalization of $8.86 billion, a PE ratio of 22.67, a PEG ratio of 2.26 and a beta of 1.67. EPAM Systems has a 1 year low of $138.15 and a 1 year high of $269.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.17 and a current ratio of 3.17.

Read Our Latest Research Report on EPAM

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.