Top Virtual Reality Stocks Worth Watching – January 30th

by · The Markets Daily

Meta Platforms, Best Buy, GameStop, Unity Software, and EPAM Systems are the five Virtual Reality stocks to watch today, according to MarketBeat’s stock screener tool. Virtual reality stocks refer to publicly traded companies that are involved in the development, production, and distribution of virtual reality technology, applications, and content. Investors can buy shares in these companies to potentially profit from the growing popularity and advancement of virtual reality technology and its various applications across industries such as entertainment, gaming, education, healthcare, and more. 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 $10.84 on Thursday, reaching $687.33. 22,946,793 shares of the company were exchanged, compared to its average volume of 15,354,418. Meta Platforms has a 1-year low of $387.10 and a 1-year high of $710.79. The firm has a market cap of $1.74 trillion, a price-to-earnings ratio of 32.35, a P/E/G ratio of 1.18 and a beta of 1.19. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.73 and a current ratio of 2.73. The company’s 50-day moving average is $608.52 and its two-hundred day moving average is $563.58.

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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.

NYSE:BBY traded up $2.40 during mid-day trading on Thursday, hitting $87.49. The stock had a trading volume of 1,161,540 shares, compared to its average volume of 2,290,234. Best Buy has a 52 week low of $69.29 and a 52 week high of $103.71. 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 stock has a market capitalization of $18.71 billion, a price-to-earnings ratio of 14.96, a P/E/G ratio of 2.11 and a beta of 1.43. The company has a 50 day simple moving average of $86.38 and a 200-day simple moving average of $90.16.

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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 traded up $0.41 during mid-day trading on Thursday, reaching $27.92. 2,197,852 shares of the company’s stock traded hands, compared to its average volume of 6,808,343. GameStop has a 12 month low of $9.95 and a 12 month high of $64.83. The stock has a market capitalization of $12.48 billion, a P/E ratio of 155.09 and a beta of -0.02. The business’s 50-day moving average price is $29.54 and its 200-day moving average price is $25.10.

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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 stock traded down $0.12 during trading on Thursday, hitting $22.82. The company had a trading volume of 2,355,216 shares, compared to its average volume of 9,358,064. The firm has a market capitalization of $9.19 billion, a price-to-earnings ratio of -11.19 and a beta of 2.32. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.70. The business has a 50 day moving average of $23.56 and a 200 day moving average of $20.44. Unity Software has a fifty-two week low of $13.90 and a fifty-two week high of $35.56.

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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 up $0.88 during trading on Thursday, hitting $252.73. The stock had a trading volume of 167,677 shares, compared to its average volume of 499,716. EPAM Systems has a fifty-two week low of $169.43 and a fifty-two week high of $317.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.56 and a quick ratio of 4.56. The firm has a market cap of $14.33 billion, a P/E ratio of 32.82, a PEG ratio of 3.48 and a beta of 1.50. The business has a fifty day moving average of $240.36 and a two-hundred day moving average of $216.88.

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