Best Virtual Reality Stocks To Consider – June 19th

Meta Platforms, GameStop, and Best Buy are the three 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. Investors buy these equities to gain exposure to the growth potential of immersive technologies used in gaming, training, healthcare and other industries. As a relatively new sector, virtual reality stocks can offer high reward but also come with elevated volatility and technological risk. 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.

META traded down $1.46 on Thursday, hitting $695.77. 9,635,650 shares of the company were exchanged, compared to its average volume of 14,501,973. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.66 and a current ratio of 2.66. The business’s fifty day moving average is $612.33 and its 200 day moving average is $621.89. Meta Platforms has a fifty-two week low of $442.65 and a fifty-two week high of $740.91. The firm has a market capitalization of $1.75 trillion, a P/E ratio of 27.14, a price-to-earnings-growth ratio of 1.72 and a beta of 1.26.

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 $0.45 during trading hours on Thursday, hitting $23.44. The company’s stock had a trading volume of 14,647,500 shares, compared to its average volume of 11,833,628. The company has a current ratio of 8.39, a quick ratio of 7.89 and a debt-to-equity ratio of 0.30. The stock has a market cap of $10.48 billion, a price-to-earnings ratio of 50.95 and a beta of -0.69. The business has a fifty day moving average of $27.87 and a 200-day moving average of $27.21. GameStop has a twelve month low of $18.73 and a twelve month high of $35.81.

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 $1.63 on Thursday, hitting $67.76. 2,798,197 shares of the stock traded hands, compared to its average volume of 3,325,677. The company has a quick ratio of 0.32, a current ratio of 1.02 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $14.32 billion, a P/E ratio of 16.57, a P/E/G ratio of 1.83 and a beta of 1.25. The stock’s 50 day moving average is $68.31 and its two-hundred day moving average is $77.27. Best Buy has a 1 year low of $54.99 and a 1 year high of $103.71.