Virtual Reality Stocks Worth Watching – April 29th

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 in companies that develop hardware, software or services enabling immersive virtual experiences—such as VR headsets, motion-tracking systems and 3D content platforms. Investing in these equities gives exposure to the growth and innovation of the virtual reality industry, which spans gaming, education, healthcare and enterprise applications. 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 $5.81 during trading hours on Tuesday, reaching $555.55. 6,891,452 shares of the stock were exchanged, compared to its average volume of 14,350,322. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $1.41 trillion, a price-to-earnings ratio of 23.26, a PEG ratio of 1.42 and a beta of 1.28. The business has a 50-day moving average of $583.92 and a two-hundred day moving average of $604.40. Meta Platforms has a twelve month low of $427.11 and a twelve month high of $740.91.

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.

GME stock traded up $0.13 during trading on Tuesday, hitting $27.72. 3,344,153 shares of the company’s stock were exchanged, compared to its average volume of 20,508,617. The stock has a market capitalization of $12.39 billion, a price-to-earnings ratio of 153.64 and a beta of -0.44. GameStop has a 52-week low of $10.70 and a 52-week high of $64.83. The business has a 50-day moving average price of $24.70 and a two-hundred day moving average price of $26.32.

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.

NYSE:BBY traded down $0.70 during midday trading on Tuesday, hitting $66.78. 1,196,403 shares of the company were exchanged, compared to its average volume of 3,303,841. The company has a market capitalization of $14.11 billion, a PE ratio of 11.42, a price-to-earnings-growth ratio of 2.10 and a beta of 1.42. Best Buy has a fifty-two week low of $54.99 and a fifty-two week high of $103.71. The company has a fifty day simple moving average of $71.92 and a 200 day simple moving average of $82.57. The company has a current ratio of 1.00, a quick ratio of 0.22 and a debt-to-equity ratio of 0.37.

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 up $0.20 during trading on Tuesday, reaching $22.32. The company’s stock had a trading volume of 2,690,056 shares, compared to its average volume of 10,888,452. The company has a 50-day moving average price of $21.55 and a two-hundred day moving average price of $22.02. Unity Software has a fifty-two week low of $13.90 and a fifty-two week high of $30.88. The firm has a market cap of $9.27 billion, a PE ratio of -13.30 and a beta of 2.31. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.70.

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 up $0.74 during mid-day trading on Tuesday, reaching $159.63. 202,134 shares of the company were exchanged, compared to its average volume of 690,932. EPAM Systems has a twelve month low of $138.15 and a twelve month high of $269.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.56 and a current ratio of 2.96. The firm’s 50-day simple moving average is $173.96 and its two-hundred day simple moving average is $213.34. The firm has a market cap of $9.11 billion, a PE ratio of 20.37, a price-to-earnings-growth ratio of 3.38 and a beta of 1.69.

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 $0.46 on Tuesday, reaching $47.75. 136,552 shares of the stock were exchanged, compared to its average volume of 692,513. The firm has a market capitalization of $2.03 billion, a PE ratio of -12.35 and a beta of 1.86. Ambarella has a 1-year low of $38.86 and a 1-year high of $85.15. The business has a fifty day moving average price of $52.32 and a two-hundred day moving average price of $63.68.

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 Kopin stock traded up $0.05 during trading on Tuesday, reaching $1.35. The company’s stock had a trading volume of 1,756,954 shares, compared to its average volume of 2,328,255. The company has a market capitalization of $217.98 million, a P/E ratio of -3.28 and a beta of 3.24. Kopin has a 12-month low of $0.56 and a 12-month high of $2.17. The business has a 50 day moving average price of $1.16 and a 200-day moving average price of $1.20.