Top Virtual Reality Stocks To Research – May 8th

Meta Platforms, Unity Software, EPAM Systems, GameStop, and Best Buy are the five Virtual Reality stocks to watch today, according to MarketBeat’s stock screener tool. Virtual reality stocks are publicly traded shares of companies whose core business involves developing, manufacturing or distributing virtual reality hardware, software and related services. Investors buy these equities to gain exposure to the potential growth of the VR market, with their performance driven by factors such as new product rollouts, consumer adoption rates and technological advancements. 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 $10.78 during trading hours on Thursday, reaching $607.59. The company’s stock had a trading volume of 9,006,059 shares, compared to its average volume of 14,414,740. The stock has a market cap of $1.54 trillion, a PE ratio of 25.40, a PEG ratio of 1.42 and a beta of 1.24. The business has a 50-day simple moving average of $570.96 and a 200 day simple moving average of $603.99. Meta Platforms has a 52 week low of $442.65 and a 52 week high of $740.91. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.16.

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 NYSE U traded up $0.28 during mid-day trading on Thursday, hitting $20.94. The company had a trading volume of 11,144,825 shares, compared to its average volume of 11,029,920. The stock has a market cap of $8.70 billion, a price-to-earnings ratio of -12.46 and a beta of 2.29. The firm’s 50 day simple moving average is $20.78 and its two-hundred day simple moving average is $22.00. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 2.41. Unity Software has a 12 month low of $13.90 and a 12 month high of $30.88.

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 EPAM traded up $21.31 during mid-day trading on Thursday, reaching $180.52. 1,179,274 shares of the company’s stock traded hands, compared to its average volume of 705,565. 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 quick ratio of 4.56 and a current ratio of 2.96. The stock has a market capitalization of $10.30 billion, a P/E ratio of 23.03, a price-to-earnings-growth ratio of 3.38 and a beta of 1.71. The business’s 50-day moving average price is $166.60 and its 200-day moving average price is $211.20.

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 $0.65 during midday trading on Thursday, reaching $26.66. 4,568,653 shares of the company traded hands, compared to its average volume of 20,170,964. The stock has a 50-day moving average price of $24.94 and a 200 day moving average price of $26.52. The company has a market cap of $11.93 billion, a price-to-earnings ratio of 148.12 and a beta of -0.76. GameStop has a 52 week low of $15.33 and a 52 week high of $64.83.

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 $1.11 during midday trading on Thursday, reaching $69.49. 1,183,964 shares of the company were exchanged, compared to its average volume of 3,314,912. The company’s 50 day moving average price is $68.78 and its two-hundred day moving average price is $81.34. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.22 and a current ratio of 1.00. The company has a market cap of $14.69 billion, a P/E ratio of 11.88, a PEG ratio of 2.10 and a beta of 1.27. Best Buy has a 12 month low of $54.99 and a 12 month high of $103.71.