Best Virtual Reality Stocks To Follow Today – April 12th

Meta Platforms, Best Buy, GameStop, 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 are shares in companies that develop, produce, or utilize virtual reality technology to create immersive digital experiences. These stocks typically involve businesses focused on VR hardware, software, or content creation, and investors see them as a way to tap into the growing market for innovative applications in gaming, education, healthcare, 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 Meta Platforms stock traded down $2.72 during trading on Friday, reaching $543.57. The company had a trading volume of 17,619,060 shares, compared to its average volume of 14,764,979. The company has a market cap of $1.38 trillion, a price-to-earnings ratio of 22.72, a price-to-earnings-growth ratio of 1.42 and a beta of 1.28. The firm’s fifty day moving average is $628.35 and its 200-day moving average is $609.11. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.98 and a current ratio of 2.98. Meta Platforms has a fifty-two week low of $414.50 and a fifty-two week 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.

Shares of Best Buy stock traded up $0.72 during trading hours on Friday, reaching $60.47. The company’s stock had a trading volume of 5,163,129 shares, compared to its average volume of 3,226,509. Best Buy has a one year low of $54.99 and a one year high of $103.71. The company’s 50 day simple moving average is $77.46 and its 200 day simple moving average is $85.45. 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 stock has a market cap of $12.78 billion, a P/E ratio of 10.34, a price-to-earnings-growth ratio of 2.10 and a beta of 1.42.

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 $1.32 during midday trading on Friday, reaching $26.34. The company had a trading volume of 10,918,787 shares, compared to its average volume of 20,354,994. The stock has a 50 day moving average price of $24.51 and a 200 day moving average price of $25.86. The firm has a market capitalization of $11.78 billion, a PE ratio of 146.35 and a beta of -0.44. GameStop has a fifty-two week low of $9.95 and a fifty-two week high of $64.83.

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 up $0.17 during midday trading on Friday, reaching $19.25. 5,933,506 shares of the company traded hands, compared to its average volume of 10,873,252. The firm has a market capitalization of $7.89 billion, a price-to-earnings ratio of -11.46 and a beta of 2.31. The company has a fifty day moving average price of $21.71 and a 200 day moving average price of $22.13. 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 twelve month low of $13.90 and a twelve month high of $30.88.

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 up $1.25 during midday trading on Friday, hitting $147.54. 465,049 shares of the stock traded hands, compared to its average volume of 692,951. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.56 and a current ratio of 2.96. EPAM Systems has a 1-year low of $138.15 and a 1-year high of $269.00. The business’s 50 day moving average price is $198.41 and its two-hundred day moving average price is $216.64. The firm has a market capitalization of $8.42 billion, a PE ratio of 18.82, a price-to-earnings-growth ratio of 3.38 and a beta of 1.69.

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 up $0.41 during mid-day trading on Friday, hitting $44.03. The stock had a trading volume of 639,904 shares, compared to its average volume of 691,269. Ambarella has a 52 week low of $38.86 and a 52 week high of $85.15. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of -11.41 and a beta of 1.86. The company has a 50 day simple moving average of $59.68 and a 200-day simple moving average of $64.61.

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 $0.06 during trading hours on Friday, hitting $3.73. The stock had a trading volume of 459,582 shares, compared to its average volume of 1,640,046. The stock’s fifty day simple moving average is $4.08 and its 200 day simple moving average is $4.46. The firm has a market capitalization of $291.22 million, a price-to-earnings ratio of -6.32 and a beta of 0.48. POET Technologies has a 1-year low of $1.00 and a 1-year high of $7.79.