Best Virtual Reality Stocks To Consider – March 18th

Meta Platforms, Best Buy, Unity Software, GameStop, and EPAM Systems 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 distribute virtual reality technology, including hardware, software, and immersive experience content. These stocks offer investors the opportunity to participate in the growth of the VR industry, which spans sectors like gaming, education, healthcare, and entertainment. 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 $24.79 during mid-day trading on Tuesday, hitting $580.11. The company had a trading volume of 14,129,385 shares, compared to its average volume of 15,889,120. The firm has a market capitalization of $1.47 trillion, a price-to-earnings ratio of 24.25, a PEG ratio of 1.42 and a beta of 1.23. The business has a fifty day simple moving average of $657.51 and a 200-day simple moving average of $604.41. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.16. Meta Platforms has a 1 year low of $414.50 and a 1 year high of $740.91.

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.

Best Buy stock traded down $0.59 during midday trading on Tuesday, hitting $73.19. 1,155,891 shares of the stock were exchanged, compared to its average volume of 2,977,606. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.00 and a quick ratio of 0.22. The company has a 50 day moving average price of $84.18 and a two-hundred day moving average price of $89.77. The firm has a market cap of $15.65 billion, a P/E ratio of 12.52, a P/E/G ratio of 2.10 and a beta of 1.43. Best Buy has a 1 year low of $69.29 and a 1 year high of $103.71.

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 down $0.28 on Tuesday, reaching $21.18. The company’s stock had a trading volume of 3,548,082 shares, compared to its average volume of 10,560,770. The stock has a market cap of $8.68 billion, a price-to-earnings ratio of -12.64 and a beta of 2.27. Unity Software has a 1 year low of $13.90 and a 1 year high of $30.88. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 2.41. The business’s 50 day moving average is $22.66 and its 200 day moving average is $21.99.

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 down $0.26 during trading hours on Tuesday, hitting $23.24. 1,249,929 shares of the stock were exchanged, compared to its average volume of 19,325,948. GameStop has a 12 month low of $9.95 and a 12 month high of $64.83. The stock has a 50-day simple moving average of $26.47 and a 200-day simple moving average of $25.61. The stock has a market cap of $10.38 billion, a price-to-earnings ratio of 129.35 and a beta of -0.29.

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 Systems stock traded down $4.10 during trading hours on Tuesday, reaching $182.12. The company’s stock had a trading volume of 132,480 shares, compared to its average volume of 645,213. The stock has a market cap of $10.36 billion, a P/E ratio of 23.28, a price-to-earnings-growth ratio of 3.38 and a beta of 1.61. EPAM Systems has a one year low of $169.43 and a one year high of $301.60. The company’s 50 day simple moving average is $230.19 and its 200 day simple moving average is $222.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.56 and a current ratio of 2.96.