Top Virtual Reality Stocks To Watch Now – March 5th

Meta Platforms, Best Buy, Unity Software, EPAM Systems, and GameStop are the five Virtual Reality stocks to watch today, according to MarketBeat’s stock screener tool. Virtual reality stocks are shares in companies that develop, manufacture, or support virtual reality technology and immersive digital experiences. These stocks often include firms specializing in VR hardware, software, and content creation, and their performance is influenced by technological advancements, consumer adoption rates, and industry trends. 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 stock traded up $13.54 during trading hours on Wednesday, hitting $653.54. 7,951,136 shares of the company were exchanged, compared to its average volume of 13,632,914. Meta Platforms has a 1 year low of $414.50 and a 1 year high of $740.91. The firm has a fifty day moving average of $654.92 and a 200 day moving average of $598.70. The firm has a market cap of $1.66 trillion, a PE ratio of 27.31, a PEG ratio of 1.42 and a beta of 1.20. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16.

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.

BBY stock traded up $1.33 during mid-day trading on Wednesday, hitting $76.53. 2,573,327 shares of the company were exchanged, compared to its average volume of 2,838,548. The company has a current ratio of 1.00, a quick ratio of 0.22 and a debt-to-equity ratio of 0.37. Best Buy has a twelve month low of $69.29 and a twelve month high of $103.71. The firm has a fifty day simple moving average of $86.20 and a 200 day simple moving average of $90.62. The company has a market capitalization of $16.36 billion, a PE ratio of 13.05, a price-to-earnings-growth ratio of 2.10 and a beta of 1.43.

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.

Unity Software stock traded up $0.39 during trading hours on Wednesday, reaching $25.11. 4,049,735 shares of the company were exchanged, compared to its average volume of 12,682,093. The firm has a market cap of $10.29 billion, a price-to-earnings ratio of -14.89 and a beta of 2.27. The stock has a 50-day moving average of $22.89 and a 200 day moving average of $21.67. Unity Software has a 12 month low of $13.90 and a 12 month high of $30.88. 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.

NYSE:EPAM traded up $2.57 during mid-day trading on Wednesday, hitting $200.58. The company’s stock had a trading volume of 309,577 shares, compared to its average volume of 672,533. The stock has a fifty day moving average of $238.18 and a 200-day moving average of $222.94. EPAM Systems has a fifty-two week low of $169.43 and a fifty-two week high of $317.50. The company has a market capitalization of $11.38 billion, a price-to-earnings ratio of 25.55, a P/E/G ratio of 3.38 and a beta of 1.51. The company has a current ratio of 2.96, a quick ratio of 4.56 and a debt-to-equity ratio of 0.01.

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 $0.53 during midday trading on Wednesday, hitting $24.83. The company had a trading volume of 1,571,648 shares, compared to its average volume of 19,296,363. The firm’s 50-day simple moving average is $28.01 and its 200-day simple moving average is $25.52. The company has a market capitalization of $11.09 billion, a PE ratio of 137.74 and a beta of -0.11. GameStop has a twelve month low of $9.95 and a twelve month high of $64.83.