Top Virtual Reality Stocks To Watch Now – March 6th

Meta Platforms, Best Buy, and Unity Software are the three Virtual Reality stocks to watch today, according to MarketBeat’s stock screener tool. Virtual reality stocks are shares of companies that design, produce, or distribute virtual reality hardware, software, and content, allowing users to experience immersive digital environments. These stocks represent investments in the growing technology sector centered on innovative, computer-generated experiences and are often associated with advancements in gaming, training simulations, and other interactive 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.

Shares of META stock traded down $28.48 on Thursday, hitting $627.99. The stock had a trading volume of 7,586,386 shares, compared to its average volume of 13,621,687. The business has a 50 day moving average price of $655.90 and a 200 day moving average price of $599.11. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16. The company has a market cap of $1.59 trillion, a PE ratio of 26.32, a P/E/G ratio of 1.42 and a beta of 1.20. Meta Platforms has a one year low of $414.50 and a one year high of $740.91.

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.

Best Buy stock traded up $2.95 during trading hours on Thursday, reaching $78.48. The stock had a trading volume of 2,273,695 shares, compared to its average volume of 2,902,824. Best Buy has a 52 week low of $69.29 and a 52 week high of $103.71. The company has a market cap of $16.78 billion, a price-to-earnings ratio of 13.41, a PEG ratio of 2.10 and a beta of 1.43. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.00 and a quick ratio of 0.22. The business’s 50 day moving average price is $85.97 and its 200-day moving average price is $90.51.

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 U traded down $2.38 during midday trading on Thursday, hitting $23.02. 4,569,008 shares of the company’s stock traded hands, compared to its average volume of 12,578,585. Unity Software has a 1 year low of $13.90 and a 1 year high of $30.88. The stock has a market capitalization of $9.43 billion, a price-to-earnings ratio of -13.72 and a beta of 2.27. 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 firm’s fifty day moving average is $22.94 and its 200-day moving average is $21.70.