Top Virtual Reality Stocks Worth Watching – March 27th

Meta Platforms, GameStop, Best Buy, Unity Software, EPAM Systems, 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 shares of publicly traded companies that are primarily involved in developing, manufacturing, or providing virtual reality hardware, software, or related services. Investors in these stocks expect to participate in the growth of the virtual reality industry as it expands in both consumer and enterprise markets. 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 traded down $5.38 during midday trading on Thursday, hitting $605.60. 6,486,838 shares of the company’s stock traded hands, compared to its average volume of 13,807,914. Meta Platforms has a 1 year low of $414.50 and a 1 year high of $740.91. The firm’s fifty day moving average is $656.12 and its 200-day moving average is $608.02. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $1.53 trillion, a price-to-earnings ratio of 25.32, a price-to-earnings-growth ratio of 1.42 and a beta of 1.23.

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 GameStop stock traded down $7.03 during midday trading on Thursday, hitting $21.33. The company had a trading volume of 53,134,549 shares, compared to its average volume of 19,691,592. The stock has a market cap of $9.53 billion, a price-to-earnings ratio of 118.51 and a beta of -0.29. GameStop has a 12-month low of $9.95 and a 12-month high of $64.83. The company has a fifty day simple moving average of $25.59 and a 200 day simple moving average of $25.69.

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 down $0.08 on Thursday, hitting $74.75. The company had a trading volume of 1,065,131 shares, compared to its average volume of 2,960,501. 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 12-month low of $69.29 and a 12-month high of $103.71. The company has a market capitalization of $15.80 billion, a PE ratio of 12.78, a PEG ratio of 2.10 and a beta of 1.43. The company’s fifty day moving average price is $82.84 and its 200-day moving average price is $88.58.

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.

NYSE U traded down $0.67 during trading hours on Thursday, hitting $21.40. 2,919,746 shares of the company’s stock traded hands, compared to its average volume of 10,538,986. Unity Software has a 52-week low of $13.90 and a 52-week high of $30.88. The company has a market capitalization of $8.77 billion, a PE ratio of -12.74 and a beta of 2.27. 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 firm’s 50-day moving average is $22.61 and its 200-day moving average is $22.22.

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.

EPAM Systems stock traded down $2.35 during mid-day trading on Thursday, hitting $174.57. The company’s stock had a trading volume of 224,376 shares, compared to its average volume of 649,118. EPAM Systems has a 1 year low of $169.43 and a 1 year high of $281.62. The firm has a market capitalization of $9.93 billion, a PE ratio of 22.27, a price-to-earnings-growth ratio of 3.38 and a beta of 1.61. The stock’s fifty day moving average is $223.26 and its two-hundred day moving average is $221.11. The company has a current ratio of 2.96, a quick ratio of 4.56 and a debt-to-equity ratio of 0.01.

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.

Shares of AMBA stock traded down $1.68 during trading on Thursday, reaching $52.26. The company’s stock had a trading volume of 168,754 shares, compared to its average volume of 654,484. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of -13.54 and a beta of 1.78. The stock’s 50-day moving average price is $68.62 and its 200 day moving average price is $65.38. Ambarella has a 1-year low of $39.69 and a 1-year high of $85.15.

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.

NASDAQ POET traded down $0.23 during trading on Thursday, reaching $4.00. The company’s stock had a trading volume of 583,016 shares, compared to its average volume of 1,581,606. The firm has a market cap of $312.28 million, a price-to-earnings ratio of -6.78 and a beta of 0.60. The business’s fifty day moving average price is $4.42 and its 200-day moving average price is $4.44. POET Technologies has a twelve month low of $1.00 and a twelve month high of $7.79.