Virtual Reality Stocks To Keep An Eye On – March 16th

Meta Platforms, Best Buy, EPAM Systems, Unity Software, 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 that develop, manufacture, or invest in technologies that create immersive, computer-generated environments. These stocks typically represent companies involved in producing VR hardware like headsets and controllers, developing VR software and applications, or providing immersive digital services across industries like gaming, entertainment, and healthcare. 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 Platforms stock traded up $16.96 on Friday, reaching $607.60. 12,340,889 shares of the company were exchanged, compared to its average volume of 13,607,116. Meta Platforms has a one year low of $414.50 and a one year high of $740.91. The company has a market capitalization of $1.54 trillion, a price-to-earnings ratio of 25.40, a PEG ratio of 1.42 and a beta of 1.23. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.16. The company has a 50-day moving average of $658.01 and a 200 day moving average of $603.19.

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 Best Buy stock traded up $1.26 on Friday, reaching $71.56. 4,176,899 shares of the company were exchanged, compared to its average volume of 2,980,979. Best Buy has a one year low of $69.29 and a one year high of $103.71. The company has a market capitalization of $15.30 billion, a price-to-earnings ratio of 12.23, a PEG ratio of 2.10 and a beta of 1.43. The company has a current ratio of 1.00, a quick ratio of 0.22 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average of $84.40 and a 200 day moving average of $89.94.

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 $2.12 during trading hours on Friday, reaching $182.28. The company’s stock had a trading volume of 1,000,652 shares, compared to its average volume of 647,366. EPAM Systems has a 52 week low of $169.43 and a 52 week high of $301.60. The company’s 50-day moving average is $231.08 and its 200-day moving average is $222.32. 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 has a market cap of $10.37 billion, a PE ratio of 23.25, a price-to-earnings-growth ratio of 3.38 and a beta of 1.61.

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.

U traded up $0.30 during trading hours on Friday, reaching $20.78. The company’s stock had a trading volume of 7,219,959 shares, compared to its average volume of 12,607,555. Unity Software has a 52 week low of $13.90 and a 52 week high of $30.88. The company’s 50-day moving average is $22.73 and its 200-day moving average is $21.92. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.41 and a current ratio of 2.41. The firm has a market cap of $8.51 billion, a PE ratio of -12.37 and a beta of 2.27.

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 traded up $1.13 during trading hours on Friday, reaching $23.08. The company’s stock had a trading volume of 3,932,460 shares, compared to its average volume of 19,464,576. GameStop has a 52 week low of $9.95 and a 52 week high of $64.83. The company’s 50-day moving average is $26.65 and its 200-day moving average is $25.56. The firm has a market cap of $10.31 billion, a PE ratio of 128.20 and a beta of -0.29.