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Virtual Reality Stocks To Research - August 16th

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Key Points

  • Five key Virtual Reality stocks identified for research include Meta Platforms, Unity Software, Best Buy, EPAM Systems, and GameStop, reflecting significant trading volumes in the VR market.
  • Meta Platforms recently traded at $785.23 and has a market capitalization of $1.97 trillion, highlighting its significant presence in the VR ecosystem through its Family of Apps and Reality Labs segments.
  • Unity Software provides a real-time 3D development platform and is noted for its trading activity, reflecting investor interest in its capabilities for VR content creation.
  • Want stock alerts on Meta Platforms? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Meta Platforms, Unity Software, Best Buy, EPAM Systems, and GameStop are the five 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 (like headsets and motion controllers) and software (including VR platforms, applications and content). Investing in these stocks lets individuals gain exposure to the expanding VR market, which spans gaming, entertainment, education and enterprise use cases. 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 NASDAQ META traded up $3.10 during mid-day trading on Friday, hitting $785.23. 13,361,371 shares of the stock were exchanged, compared to its average volume of 12,931,265. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market cap of $1.97 trillion, a P/E ratio of 28.43, a PEG ratio of 1.62 and a beta of 1.27. The stock's fifty day simple moving average is $724.43 and its two-hundred day simple moving average is $655.57. Meta Platforms has a twelve month low of $479.80 and a twelve month high of $796.25.

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.

Shares of Unity Software stock traded down $0.42 during midday trading on Friday, reaching $38.00. The company had a trading volume of 8,575,565 shares, compared to its average volume of 14,546,456. Unity Software has a 1-year low of $15.33 and a 1-year high of $38.99. The company has a market capitalization of $16.06 billion, a price-to-earnings ratio of -35.85 and a beta of 2.32. 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 has a fifty day simple moving average of $29.63 and a 200 day simple moving average of $24.50.

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.

BBY stock traded down $0.13 during midday trading on Friday, reaching $71.61. The company's stock had a trading volume of 2,297,440 shares, compared to its average volume of 3,076,030. The business's 50-day simple moving average is $69.23 and its 200-day simple moving average is $72.31. The stock has a market cap of $15.13 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 1.89 and a beta of 1.21. Best Buy has a 52 week low of $54.99 and a 52 week high of $103.71. The company has a quick ratio of 0.32, a current ratio of 1.02 and a debt-to-equity ratio of 0.42.

Read Our Latest Research Report on BBY

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 $1.38 during midday trading on Friday, reaching $157.92. 878,696 shares of the stock were exchanged, compared to its average volume of 798,608. The business has a 50-day simple moving average of $168.12 and a two-hundred day simple moving average of $181.49. The company has a market capitalization of $8.80 billion, a price-to-earnings ratio of 22.53, a P/E/G ratio of 2.38 and a beta of 1.67. EPAM Systems has a 12 month low of $138.15 and a 12 month high of $269.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 3.17.

Read Our Latest Research Report on EPAM

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 $0.02 during midday trading on Friday, reaching $22.91. 4,924,917 shares of the company were exchanged, compared to its average volume of 7,480,866. GameStop has a fifty-two week low of $19.31 and a fifty-two week high of $35.81. The company has a quick ratio of 7.89, a current ratio of 8.39 and a debt-to-equity ratio of 0.30. The stock has a fifty day simple moving average of $23.54 and a two-hundred day simple moving average of $25.35. The firm has a market cap of $10.25 billion, a PE ratio of 49.81 and a beta of -0.72.

Read Our Latest Research Report on GME

See Also

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.

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