Virtual Reality Stocks To Watch Now – March 23rd

Meta Platforms, Best Buy, EPAM Systems, GameStop, and Unity Software are the five Virtual Reality stocks to watch today, according to MarketBeat’s stock screener tool. Virtual reality stocks are shares of companies involved in creating and advancing virtual reality technologies and experiences, such as VR hardware, software, and related platforms. These stocks allow investors to gain exposure to the growing immersive technology sector, which is revolutionizing areas like gaming, entertainment, education, and beyond. 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 NASDAQ:META traded up $10.25 during trading on Friday, hitting $596.25. 24,988,817 shares of the company were exchanged, compared to its average volume of 13,804,408. The stock has a 50 day moving average of $655.38 and a 200 day moving average of $605.74. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.98 and a quick ratio of 2.98. Meta Platforms has a 52-week low of $414.50 and a 52-week high of $740.91. The company has a market cap of $1.51 trillion, a PE ratio of 24.93, a P/E/G ratio of 1.42 and a beta of 1.23.

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 $0.15 during trading hours on Friday, hitting $73.63. The stock had a trading volume of 6,849,486 shares, compared to its average volume of 2,968,034. The company has a 50 day simple moving average of $83.34 and a two-hundred day simple moving average of $89.09. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.00 and a quick ratio of 0.22. Best Buy has a one year low of $69.29 and a one year high of $103.71. The firm has a market capitalization of $15.74 billion, a price-to-earnings ratio of 12.59, a P/E/G ratio of 2.10 and a beta of 1.43.

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 $3.36 during trading hours on Friday, hitting $175.64. The stock had a trading volume of 1,284,496 shares, compared to its average volume of 652,609. The company has a 50 day simple moving average of $226.19 and a two-hundred day simple moving average of $221.63. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.96 and a quick ratio of 4.56. EPAM Systems has a one year low of $169.43 and a one year high of $281.62. The firm has a market capitalization of $9.99 billion, a price-to-earnings ratio of 22.40, a P/E/G ratio of 3.38 and a beta of 1.61.

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 stock traded up $1.30 during midday trading on Friday, reaching $24.81. The company had a trading volume of 6,829,823 shares, compared to its average volume of 19,453,692. GameStop has a 1 year low of $9.95 and a 1 year high of $64.83. The company has a market capitalization of $11.08 billion, a P/E ratio of 137.81 and a beta of -0.29. The firm has a 50-day moving average price of $25.75 and a 200-day moving average price of $25.61.

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 stock traded up $0.52 during midday trading on Friday, reaching $21.55. The company had a trading volume of 7,849,644 shares, compared to its average volume of 10,582,209. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 2.41. Unity Software has a 1 year low of $13.90 and a 1 year high of $30.88. The company has a market capitalization of $8.83 billion, a P/E ratio of -12.82 and a beta of 2.27. The firm has a 50-day moving average price of $22.57 and a 200-day moving average price of $22.09.