Best Virtual Reality Stocks To Add to Your Watchlist – February 24th

Meta Platforms, Unity Software, Best Buy, EPAM Systems, GameStop, 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 of companies that develop, manufacture, or offer products and services related to virtual reality technology. These companies might work on VR hardware, software, or content, positioning themselves within the broader tech and digital entertainment markets as they innovate in immersive experiences. 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 down $12.07 during midday trading on Monday, hitting $671.48. 10,386,000 shares of the company’s stock traded hands, compared to its average volume of 15,595,004. Meta Platforms has a 1 year low of $414.50 and a 1 year high of $740.91. The firm has a fifty day moving average of $647.09 and a 200 day moving average of $591.96. The stock has a market capitalization of $1.70 trillion, a price-to-earnings ratio of 28.09, a price-to-earnings-growth ratio of 1.42 and a beta of 1.20. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.98 and a current ratio of 2.98.

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 down $0.26 during midday trading on Monday, reaching $28.08. 15,000,699 shares of the stock traded hands, compared to its average volume of 11,826,753. The stock has a market capitalization of $11.31 billion, a PE ratio of -16.71 and a beta of 2.32. Unity Software has a one year low of $13.90 and a one year high of $33.43. The company’s 50 day moving average is $22.53 and its 200 day moving average is $21.18. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 2.41.

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 $0.70 during mid-day trading on Monday, reaching $89.09. The company had a trading volume of 1,322,154 shares, compared to its average volume of 2,429,256. The company has a current ratio of 1.00, a quick ratio of 0.22 and a debt-to-equity ratio of 0.37. Best Buy has a 52 week low of $69.29 and a 52 week high of $103.71. The business’s 50-day moving average is $86.10 and its 200-day moving average is $90.43. The stock has a market cap of $19.05 billion, a price-to-earnings ratio of 15.22, a price-to-earnings-growth ratio of 2.13 and a beta of 1.43.

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 stock traded up $0.38 during trading hours on Monday, hitting $209.22. The company’s stock had a trading volume of 508,910 shares, compared to its average volume of 600,460. The company has a 50 day moving average of $243.56 and a 200 day moving average of $222.44. The company has a current ratio of 2.96, a quick ratio of 4.56 and a debt-to-equity ratio of 0.01. EPAM Systems has a 12-month low of $169.43 and a 12-month high of $317.50. The stock has a market cap of $11.87 billion, a PE ratio of 26.69, a price-to-earnings-growth ratio of 3.38 and a beta of 1.51.

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 down $0.84 during mid-day trading on Monday, hitting $25.58. 3,426,136 shares of the company were exchanged, compared to its average volume of 6,418,726. The company has a 50 day moving average of $28.77 and a 200-day moving average of $25.39. GameStop has a 1-year low of $9.95 and a 1-year high of $64.83. The stock has a market cap of $11.43 billion, a price-to-earnings ratio of 142.10 and a beta of -0.11.

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 Ambarella stock traded down $0.71 during mid-day trading on Monday, hitting $77.50. The stock had a trading volume of 365,214 shares, compared to its average volume of 640,222. The firm has a market cap of $3.23 billion, a P/E ratio of -20.11 and a beta of 1.66. The firm has a 50-day moving average of $76.26 and a two-hundred day moving average of $64.42. Ambarella has a 12-month low of $39.69 and a 12-month 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 $0.13 during midday trading on Monday, hitting $4.28. 1,427,880 shares of the company were exchanged, compared to its average volume of 1,928,452. The company has a market capitalization of $333.60 million, a PE ratio of -7.25 and a beta of 0.38. The company has a fifty day simple moving average of $5.21 and a 200 day simple moving average of $4.30. POET Technologies has a fifty-two week low of $1.00 and a fifty-two week high of $7.79.