Top Virtual Reality Stocks To Watch Now – May 5th

Meta Platforms, GameStop, 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 publicly traded companies whose primary business involves the development, manufacturing, or distribution of virtual reality (VR) hardware, software, or related services. Investors buy these stocks to gain exposure to the growth potential of VR technologies—such as headsets, immersive gaming platforms, and enterprise simulation tools—as they become more widely adopted across entertainment, education, and industrial 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 traded up $2.99 during trading hours on Monday, reaching $600.01. 8,437,332 shares of the company traded hands, compared to its average volume of 14,433,181. The stock has a market capitalization of $1.52 trillion, a PE ratio of 25.11, a price-to-earnings-growth ratio of 1.42 and a beta of 1.24. The stock has a fifty day simple moving average of $575.29 and a 200 day simple moving average of $603.99. Meta Platforms has a fifty-two week low of $442.65 and a fifty-two week high of $740.91. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16.

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.

NYSE:GME traded down $0.86 on Monday, reaching $26.63. The stock had a trading volume of 5,055,275 shares, compared to its average volume of 20,473,425. GameStop has a 12-month low of $13.62 and a 12-month high of $64.83. The company has a market cap of $11.91 billion, a price-to-earnings ratio of 148.01 and a beta of -0.76. The firm’s fifty day moving average is $24.84 and its two-hundred day moving average is $26.49.

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 up $0.26 on Monday, hitting $21.70. 4,153,988 shares of the stock traded hands, compared to its average volume of 10,925,513. Unity Software has a 1 year low of $13.90 and a 1 year high of $30.88. The stock’s 50 day moving average is $21.08 and its two-hundred day moving average is $22.02. The firm has a market capitalization of $9.02 billion, a P/E ratio of -12.91 and a beta of 2.29. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.70.