Top Virtual Reality Stocks To Follow Today – May 10th

Meta Platforms, GameStop, and EPAM Systems are the three Virtual Reality stocks to watch today, according to MarketBeat’s stock screener tool. Virtual reality stocks are publicly traded shares of companies that design, manufacture or provide software and services for immersive virtual experiences. Investing in these equities offers exposure to the growth potential of VR hardware (like headsets and sensors), applications in gaming, entertainment, training and simulation. Their performance often hinges on technological breakthroughs, consumer adoption rates and competitive pressures within the VR industry. 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 $5.52 during midday trading on Friday, hitting $592.49. 10,401,916 shares of the company’s stock were exchanged, compared to its average volume of 14,450,792. Meta Platforms has a 12 month low of $442.65 and a 12 month high of $740.91. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.98 and a quick ratio of 2.98. The stock has a 50 day moving average price of $568.87 and a 200-day moving average price of $604.22. The company has a market cap of $1.50 trillion, a PE ratio of 24.77, a price-to-earnings-growth ratio of 1.42 and a beta of 1.24.

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 $0.75 on Friday, reaching $27.53. 7,749,796 shares of the company’s stock traded hands, compared to its average volume of 20,088,263. The stock’s 50 day simple moving average is $25.05 and its two-hundred day simple moving average is $26.61. The stock has a market cap of $12.31 billion, a PE ratio of 152.95 and a beta of -0.76. GameStop has a 52-week low of $16.88 and a 52-week high of $64.83.

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 down $2.84 on Friday, hitting $176.87. 879,729 shares of the stock were exchanged, compared to its average volume of 691,886. The firm has a market capitalization of $10.09 billion, a PE ratio of 22.56, a P/E/G ratio of 3.38 and a beta of 1.71. The company has a current ratio of 2.96, a quick ratio of 4.56 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average is $165.80 and its two-hundred day moving average is $210.92. EPAM Systems has a one year low of $138.15 and a one year high of $269.00.