Virtual Reality Stocks To Consider – February 01st

Meta Platforms, Best Buy, Unity Software, EPAM Systems, GameStop, Ambarella, and POET Technologies are the seven 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, manufacturing, and distribution of virtual reality technologies and products. These stocks may include companies that create virtual reality headsets, software, content, or components used in VR applications. Investing in virtual reality stocks can provide exposure to the growing market of virtual reality technology and potential for financial growth as the industry continues to expand. 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 stock traded up $2.18 during trading on Friday, hitting $689.18. 19,294,722 shares of the company’s stock traded hands, compared to its average volume of 13,464,379. The stock has a market capitalization of $1.74 trillion, a price-to-earnings ratio of 28.81, a P/E/G ratio of 1.35 and a beta of 1.19. Meta Platforms has a 52 week low of $387.10 and a 52 week high of $710.79. 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 business has a fifty day simple moving average of $613.60 and a 200 day simple moving average of $565.78.

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 stock traded down $1.13 during trading hours on Friday, reaching $85.73. 2,863,903 shares of the stock were exchanged, compared to its average volume of 2,122,368. The firm has a market capitalization of $18.33 billion, a price-to-earnings ratio of 14.65, a price-to-earnings-growth ratio of 2.14 and a beta of 1.43. The company’s 50-day moving average price is $86.30 and its 200-day moving average price is $90.14. Best Buy has a 12-month low of $69.29 and a 12-month 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.

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.

Shares of NYSE:U traded down $0.84 during trading on Friday, reaching $22.18. 7,869,995 shares of the company were exchanged, compared to its average volume of 8,777,501. The business’s fifty day simple moving average is $23.55 and its 200-day simple moving average is $20.49. The firm has a market capitalization of $8.93 billion, a PE ratio of -10.87 and a beta of 2.32. Unity Software has a 12-month low of $13.90 and a 12-month high of $35.56. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 2.41.

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 NYSE EPAM traded up $2.76 during mid-day trading on Friday, reaching $253.39. 582,721 shares of the company were exchanged, compared to its average volume of 466,927. The company has a quick ratio of 4.56, a current ratio of 4.56 and a debt-to-equity ratio of 0.01. The stock has a market cap of $14.37 billion, a price-to-earnings ratio of 32.91, a P/E/G ratio of 3.72 and a beta of 1.50. The firm has a 50-day moving average of $240.65 and a 200 day moving average of $217.49. EPAM Systems has a 1 year low of $169.43 and a 1 year high of $317.50.

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 down $0.94 during trading hours on Friday, hitting $27.05. The stock had a trading volume of 4,462,929 shares, compared to its average volume of 6,364,084. GameStop has a fifty-two week low of $9.95 and a fifty-two week high of $64.83. The firm has a market capitalization of $12.09 billion, a price-to-earnings ratio of 150.31 and a beta of -0.02. The firm has a 50-day moving average price of $29.55 and a 200 day moving average price of $25.12.

Ambarella (AMBA)

Ambarella, Inc. develops semiconductor solutions that enable high-definition (HD) and ultra HD compression, image signal processing, and artificial intelligence processing worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, artificial intelligence computer vision algorithms, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption.

NASDAQ:AMBA traded down $1.43 during trading hours on Friday, reaching $76.72. 518,421 shares of the company were exchanged, compared to its average volume of 662,396. Ambarella has a twelve month low of $39.69 and a twelve month high of $85.15. The firm has a market cap of $3.20 billion, a PE ratio of -19.88 and a beta of 1.66. The stock’s 50-day moving average is $74.37 and its 200-day moving average is $61.59.

POET Technologies (POET)

POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques.

Shares of NASDAQ:POET traded up $0.11 during midday trading on Friday, hitting $4.77. The company’s stock had a trading volume of 2,276,892 shares, compared to its average volume of 2,070,819. The company has a market cap of $365.33 million, a P/E ratio of -8.08 and a beta of 0.41. The business’s 50 day simple moving average is $5.23 and its 200 day simple moving average is $4.08. POET Technologies has a 12-month low of $1.00 and a 12-month high of $7.79.