Meta Platforms, GameStop, Best Buy, Unity Software, EPAM Systems, Ambarella, and Kopin are the seven 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 hardware, software and content for immersive virtual environments. These firms can include headset makers, game and application developers, platform providers and enterprise solution vendors. Investors buy VR stocks to tap into the sector’s growth potential, though they face risks from shifting consumer adoption, rapid technological change and intense competition. 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 up $3.50 during trading hours on Thursday, hitting $639.00. 5,032,302 shares of the company traded hands, compared to its average volume of 14,468,475. The stock has a market capitalization of $1.61 trillion, a price-to-earnings ratio of 26.71, a P/E/G ratio of 1.42 and a beta of 1.24. Meta Platforms has a twelve month low of $442.65 and a twelve month high of $740.91. The business's 50-day moving average is $573.28 and its 200-day moving average is $608.00. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.98 and a current ratio of 2.98.
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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.
Shares of NYSE GME traded up $1.72 during mid-day trading on Thursday, reaching $29.77. 12,923,591 shares of the company were exchanged, compared to its average volume of 16,978,453. GameStop has a twelve month low of $17.70 and a twelve month high of $48.00. The stock has a market capitalization of $13.31 billion, a P/E ratio of 165.09 and a beta of -0.76. The company's 50-day simple moving average is $25.87 and its 200-day simple moving average is $26.97.
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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 BBY traded up $0.72 during midday trading on Thursday, reaching $70.87. 1,432,929 shares of the stock were exchanged, compared to its average volume of 3,360,991. Best Buy has a twelve month low of $54.99 and a twelve month high of $103.71. The company has a quick ratio of 0.22, a current ratio of 1.00 and a debt-to-equity ratio of 0.37. The stock's 50 day simple moving average is $67.86 and its 200 day simple moving average is $79.94. The company has a market cap of $15.00 billion, a P/E ratio of 12.11, a PEG ratio of 2.10 and a beta of 1.27.
Read Our Latest Research Report on BBY
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 U stock traded up $1.04 during trading on Thursday, hitting $21.85. The company had a trading volume of 4,417,949 shares, compared to its average volume of 10,947,135. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.41 and a current ratio of 2.41. Unity Software has a one year low of $13.90 and a one year high of $30.88. The firm has a market capitalization of $9.08 billion, a P/E ratio of -12.98 and a beta of 2.29. The stock's 50-day moving average price is $20.57 and its 200 day moving average price is $22.06.
Read Our Latest Research Report on U
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.
EPAM Systems stock traded down $1.61 during trading hours on Thursday, reaching $181.99. 369,046 shares of the stock were exchanged, compared to its average volume of 682,340. The company has a current ratio of 2.96, a quick ratio of 4.56 and a debt-to-equity ratio of 0.01. EPAM Systems has a twelve month low of $138.15 and a twelve month high of $269.00. The company has a market cap of $10.31 billion, a P/E ratio of 23.22, a price-to-earnings-growth ratio of 3.38 and a beta of 1.71. The stock has a 50 day moving average of $164.81 and a two-hundred day moving average of $210.59.
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 Ambarella stock traded up $0.58 on Thursday, reaching $64.17. 349,460 shares of the stock were exchanged, compared to its average volume of 694,311. The firm has a market cap of $2.72 billion, a PE ratio of -16.60 and a beta of 1.99. The firm's 50 day moving average is $50.47 and its 200-day moving average is $63.33. Ambarella has a one year low of $38.86 and a one year high of $85.15.
Read Our Latest Research Report on AMBA
Kopin (KOPN)
Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, microLED display technologies, application specific integrated circuits, backlights, and optical lenses; and head-mounted and hand-held VR products.
Shares of KOPN stock traded up $0.04 during trading hours on Thursday, reaching $1.40. The company's stock had a trading volume of 1,055,929 shares, compared to its average volume of 2,374,650. Kopin has a fifty-two week low of $0.56 and a fifty-two week high of $2.17. The company has a market capitalization of $227.10 million, a price-to-earnings ratio of -3.40 and a beta of 3.16. The firm's 50 day simple moving average is $1.16 and its 200-day simple moving average is $1.27.
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