Best Virtual Reality Stocks To Add to Your Watchlist – April 15th

Meta Platforms, GameStop, and Best Buy are the three Virtual Reality stocks to watch today, according to MarketBeat’s stock screener tool. Virtual reality stocks refer to shares of companies that develop, manufacture, or market virtual reality technologies, including hardware like VR headsets and software platforms for immersive experiences. These stocks enable investors to gain exposure to firms spearheading innovations in simulation, gaming, education, and enterprise training environments, reflecting growth in the broader tech and entertainment sectors. 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 $10.76 on Tuesday, reaching $520.72. The company’s stock had a trading volume of 9,544,268 shares, compared to its average volume of 14,755,721. Meta Platforms has a 12-month low of $414.50 and a 12-month high of $740.91. The stock’s 50 day simple moving average is $624.88 and its 200-day simple moving average is $609.15. 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 capitalization of $1.32 trillion, a P/E ratio of 21.77, a PEG ratio of 1.42 and a beta of 1.28.

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 $0.23 during trading hours on Tuesday, reaching $26.75. 4,981,324 shares of the company’s stock traded hands, compared to its average volume of 20,323,744. The firm’s 50 day simple moving average is $24.55 and its 200-day simple moving average is $25.92. The stock has a market cap of $11.96 billion, a PE ratio of 148.62 and a beta of -0.44. GameStop has a 12 month low of $9.95 and a 12 month high of $64.83.

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 down $0.82 during mid-day trading on Tuesday, hitting $60.94. 2,175,702 shares of the company traded hands, compared to its average volume of 3,249,575. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.22 and a current ratio of 1.00. Best Buy has a one year low of $54.99 and a one year high of $103.71. The stock has a market cap of $12.88 billion, a price-to-earnings ratio of 10.42, a price-to-earnings-growth ratio of 2.10 and a beta of 1.42. The stock has a fifty day moving average price of $76.97 and a 200-day moving average price of $85.07.