Meta Platforms, GameStop, Unity Software, Best Buy, and Ambarella 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, software, and related services for immersive digital experiences. Investors buy these stocks to gain exposure to a market driven by applications in gaming, entertainment, training, healthcare, and enterprise solutions. Their performance typically hinges on technological innovation, adoption rates, and competitive dynamics within the VR industry. 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 $4.76 during mid-day trading on Wednesday, hitting $707.44. 5,853,332 shares of the company traded hands, compared to its average volume of 14,465,997. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.16. The stock's fifty day moving average price is $625.25 and its 200-day moving average price is $624.38. The firm has a market cap of $1.78 trillion, a price-to-earnings ratio of 27.57, a price-to-earnings-growth ratio of 1.72 and a beta of 1.26. Meta Platforms has a one year low of $442.65 and a one year high of $740.91.
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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 GME stock traded up $0.02 during trading hours on Wednesday, reaching $23.31. 6,143,431 shares of the company traded hands, compared to its average volume of 11,642,988. The firm has a 50-day moving average price of $27.63 and a 200 day moving average price of $27.07. The company has a market cap of $10.43 billion, a P/E ratio of 50.64 and a beta of -0.69. The company has a debt-to-equity ratio of 0.30, a current ratio of 8.39 and a quick ratio of 7.89. GameStop has a 12-month low of $18.73 and a 12-month high of $35.81.
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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 U traded down $0.05 during mid-day trading on Wednesday, reaching $24.00. The stock had a trading volume of 5,013,075 shares, compared to its average volume of 11,405,933. The business has a fifty day moving average of $22.53 and a 200 day moving average of $22.36. 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 $9.97 billion, a price-to-earnings ratio of -21.42 and a beta of 2.34. Unity Software has a 12 month low of $13.90 and a 12 month high of $30.88.
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 traded down $1.33 during trading hours on Wednesday, reaching $67.51. 1,427,262 shares of the stock traded hands, compared to its average volume of 3,320,488. Best Buy has a 52-week low of $54.99 and a 52-week high of $103.71. The company has a current ratio of 1.02, a quick ratio of 0.32 and a debt-to-equity ratio of 0.42. The company has a market cap of $14.27 billion, a P/E ratio of 16.51, a price-to-earnings-growth ratio of 1.75 and a beta of 1.25. The company's 50-day moving average price is $68.87 and its two-hundred day moving average price is $76.58.
Read Our Latest Research Report on BBY
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.
AMBA traded up $1.81 on Wednesday, hitting $64.00. 1,267,014 shares of the company's stock traded hands, compared to its average volume of 741,665. The company's 50 day simple moving average is $53.62 and its 200-day simple moving average is $61.94. Ambarella has a one year low of $38.86 and a one year high of $85.15. The firm has a market cap of $2.71 billion, a price-to-earnings ratio of -25.70 and a beta of 1.99.
Read Our Latest Research Report on AMBA
See Also
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