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Promising Virtual Reality Stocks To Add to Your Watchlist - April 22nd

Meta Platforms logo with Computer and Technology background

Meta Platforms, GameStop, Best Buy, Unity Software, and Ambarella are the five Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. Virtual reality stocks are shares in companies that develop, manufacture, or provide technologies enabling immersive, computer-generated environments. These firms typically offer products such as VR headsets, specialized software, and other components essential for creating virtual experiences, and investors buy these stocks anticipating growth in sectors like gaming, education, healthcare, and entertainment. 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 $12.01 during trading hours on Tuesday, reaching $496.67. 11,003,877 shares of the stock were exchanged, compared to its average volume of 14,779,737. The stock's fifty day simple moving average is $603.33 and its 200 day simple moving average is $606.43. The firm has a market capitalization of $1.26 trillion, a price-to-earnings ratio of 20.66, a P/E/G ratio of 1.42 and a beta of 1.28. Meta Platforms has a 52 week low of $414.50 and a 52 week high of $740.91. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.98 and a current ratio of 2.98.

Read Our Latest Research Report on META

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 GME traded up $0.91 during midday trading on Tuesday, reaching $27.68. 7,807,950 shares of the stock were exchanged, compared to its average volume of 20,464,639. The stock's 50 day simple moving average is $24.64 and its 200 day simple moving average is $26.09. GameStop has a twelve month low of $10.01 and a twelve month high of $64.83. The company has a market cap of $12.37 billion, a P/E ratio of 153.39 and a beta of -0.44.

Read Our Latest Research Report on GME

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 up $1.16 during midday trading on Tuesday, reaching $63.27. The company's stock had a trading volume of 2,348,500 shares, compared to its average volume of 3,270,638. The company has a market cap of $13.37 billion, a P/E ratio of 10.78, a P/E/G ratio of 2.10 and a beta of 1.42. 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 $74.44 and its two-hundred day moving average price is $83.70.

Read Our Latest Research Report on BBY

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 NYSE U traded up $0.86 during mid-day trading on Tuesday, reaching $20.11. The company had a trading volume of 4,069,830 shares, compared to its average volume of 10,877,050. The firm has a market cap of $8.24 billion, a price-to-earnings ratio of -11.91 and a beta of 2.31. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.41 and a current ratio of 2.41. Unity Software has a one year low of $13.90 and a one year high of $30.88. The business's 50-day simple moving average is $21.53 and its 200 day simple moving average is $22.01.

Read Our Latest Research Report on U

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 down $0.06 on Tuesday, hitting $41.40. 1,057,186 shares of the company's stock were exchanged, compared to its average volume of 692,529. Ambarella has a 52 week low of $38.86 and a 52 week high of $85.15. The stock has a 50-day moving average of $55.75 and a 200-day moving average of $64.13. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of -10.66 and a beta of 1.86.

Read Our Latest Research Report on AMBA

See Also

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