Top Virtual Reality Stocks To Add to Your Watchlist – June 9th

Meta Platforms, Best Buy, Unity Software, GameStop, and EPAM Systems are the five Virtual Reality stocks to watch today, according to MarketBeat’s stock screener tool. Virtual reality stocks are shares of publicly traded companies that develop, manufacture, or distribute hardware, software, and services related to immersive digital environments. Investors buy these stocks to gain exposure to firms working on virtual reality headsets, motion-tracking systems, simulation software, and related content platforms. Performance of virtual reality stocks often reflects broader trends in technology adoption, consumer demand for immersive experiences, and innovation in gaming, training, and enterprise applications. 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.

NASDAQ:META traded up $1.78 during trading hours on Monday, hitting $699.49. 5,509,765 shares of the company were exchanged, compared to its average volume of 14,495,802. Meta Platforms has a 52-week low of $442.65 and a 52-week high of $740.91. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.98 and a quick ratio of 2.98. The company’s 50 day moving average price is $587.67 and its 200-day moving average price is $615.55. The stock has a market capitalization of $1.76 trillion, a price-to-earnings ratio of 29.24, a PEG ratio of 1.42 and a beta of 1.26.

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 NYSE BBY traded down $0.24 during trading on Monday, reaching $72.78. The stock had a trading volume of 2,368,035 shares, compared to its average volume of 3,710,740. The company has a market cap of $15.41 billion, a P/E ratio of 12.45, a PEG ratio of 2.10 and a beta of 1.25. Best Buy has a fifty-two week low of $54.99 and a fifty-two week high of $103.71. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.22 and a current ratio of 1.00. The business’s 50-day moving average price is $66.87 and its 200-day moving average price is $78.12.

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 $0.23 during trading hours on Monday, reaching $24.91. 5,608,366 shares of the company’s stock were exchanged, compared to its average volume of 11,393,780. The company has a 50-day moving average of $21.20 and a 200 day moving average of $22.41. Unity Software has a 1-year low of $13.90 and a 1-year high of $30.88. The firm has a market capitalization of $10.35 billion, a price-to-earnings ratio of -14.83 and a beta of 2.34. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.70.

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 NYSE GME traded up $0.32 on Monday, reaching $29.90. 3,411,093 shares of the company traded hands, compared to its average volume of 13,471,774. The company has a 50 day moving average of $27.59 and a 200 day moving average of $27.42. GameStop has a fifty-two week low of $18.73 and a fifty-two week high of $35.81. The stock has a market capitalization of $13.38 billion, a PE ratio of 166.11 and a beta of -0.69.

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 traded down $0.78 during mid-day trading on Monday, reaching $177.45. 172,089 shares of the stock traded hands, compared to its average volume of 699,497. The stock has a fifty day simple moving average of $164.67 and a 200 day simple moving average of $205.82. The company has a quick ratio of 4.56, a current ratio of 2.96 and a debt-to-equity ratio of 0.01. EPAM Systems has a 12-month low of $138.15 and a 12-month high of $269.00. The firm has a market cap of $10.05 billion, a price-to-earnings ratio of 22.63, a P/E/G ratio of 3.38 and a beta of 1.72.