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 companies involved in the development, manufacturing or distribution of virtual reality hardware, software and related services. Investors buy these equities to gain exposure to the growth potential of VR technologies used in gaming, entertainment, training and simulation across various industries. As emerging technologies, virtual reality stocks can be more volatile but also offer the possibility of significant long-term returns if VR adoption expands. 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 up $8.00 during trading hours on Wednesday, hitting $771.46. The stock had a trading volume of 6,332,622 shares, compared to its average volume of 15,569,056. The stock's 50-day moving average price is $707.08 and its two-hundred day moving average price is $648.07. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. Meta Platforms has a one year low of $479.80 and a one year high of $784.75. The stock has a market capitalization of $1.94 trillion, a price-to-earnings ratio of 27.93, a PEG ratio of 1.59 and a beta of 1.27.
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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.
Unity Software stock traded down $2.00 during mid-day trading on Wednesday, reaching $31.94. 35,841,492 shares of the company were exchanged, compared to its average volume of 12,314,995. The business has a fifty day moving average of $28.01 and a 200 day moving average of $23.79. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.74 and a current ratio of 2.74. The firm has a market cap of $13.28 billion, a P/E ratio of -28.47 and a beta of 2.32. Unity Software has a 12-month low of $13.90 and a 12-month high of $38.96.
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 BBY stock traded up $0.49 during mid-day trading on Wednesday, hitting $67.47. 1,000,834 shares of the stock were exchanged, compared to its average volume of 3,641,707. The firm has a fifty day moving average of $69.15 and a 200 day moving average of $73.05. Best Buy has a 52-week low of $54.99 and a 52-week high of $103.71. The company has a market cap of $14.26 billion, a PE ratio of 16.49, a price-to-earnings-growth ratio of 1.75 and a beta of 1.21. 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.
EPAM traded up $0.06 during trading on Wednesday, reaching $149.39. The company's stock had a trading volume of 405,786 shares, compared to its average volume of 732,232. The firm has a fifty day simple moving average of $171.04 and a two-hundred day simple moving average of $185.93. The company has a market cap of $8.46 billion, a price-to-earnings ratio of 20.93, a PEG ratio of 2.28 and a beta of 1.67. The company has a quick ratio of 3.06, a current ratio of 3.06 and a debt-to-equity ratio of 0.01. 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
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 $0.11 during trading on Wednesday, hitting $22.71. The company had a trading volume of 2,200,921 shares, compared to its average volume of 11,402,563. The company's 50 day simple moving average is $24.71 and its 200-day simple moving average is $25.61. The company has a current ratio of 8.39, a quick ratio of 7.89 and a debt-to-equity ratio of 0.30. GameStop has a 1-year low of $19.31 and a 1-year high of $35.81. The stock has a market cap of $10.16 billion, a price-to-earnings ratio of 49.45 and a beta of -0.72.
Read Our Latest Research Report on GME
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