Promising Metaverse Stocks To Keep An Eye On – May 20th

NVIDIA, Accenture, Globant, SK Telecom, Everbright Digital, Xiao-I, and Oriental Culture are the seven Metaverse stocks to watch today, according to MarketBeat’s stock screener tool. Metaverse stocks are shares of companies that develop, support or profit from the emerging virtual universe known as the metaverse—encompassing technologies such as virtual and augmented reality, 3D engines, digital assets and online social platforms. Investors buy these equities to gain exposure to firms building the hardware, software and virtual environments that aim to blend physical and digital experiences. These companies had the highest dollar trading volume of any Metaverse stocks within the last several days.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

NVIDIA stock traded down $1.44 during midday trading on Tuesday, reaching $134.13. 94,669,920 shares of the stock traded hands, compared to its average volume of 293,553,627. The stock has a market cap of $3.28 trillion, a P/E ratio of 52.79, a PEG ratio of 1.76 and a beta of 2.11. NVIDIA has a 12 month low of $86.62 and a 12 month high of $195.95. The stock’s fifty day moving average is $112.73 and its 200-day moving average is $126.93. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13.

Accenture (ACN)

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

ACN traded down $0.72 during trading hours on Tuesday, hitting $318.67. The company’s stock had a trading volume of 1,227,800 shares, compared to its average volume of 2,979,118. Accenture has a 12 month low of $275.01 and a 12 month high of $398.35. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.17. The business’s 50-day moving average price is $302.50 and its 200-day moving average price is $340.97. The stock has a market cap of $199.59 billion, a price-to-earnings ratio of 26.74, a P/E/G ratio of 3.23 and a beta of 1.35.

Globant (GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.

GLOB traded down $0.32 on Tuesday, hitting $105.15. The company had a trading volume of 625,919 shares, compared to its average volume of 674,941. The business’s fifty day simple moving average is $118.15 and its 200 day simple moving average is $176.21. Globant has a 12-month low of $88.03 and a 12-month high of $238.32. The company has a market cap of $4.63 billion, a PE ratio of 28.24, a PEG ratio of 2.38 and a beta of 1.37.

SK Telecom (SKM)

SK Telecom Co., Ltd. provides wireless telecommunication services in South Korea. The company operates through three segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission, Internet of Things solutions, platform, cloud, smart factory solutions, subscription, advertising and curated shopping under T Deal brand name, and metaverse platform-based services, as well as sells wireless devices.

Shares of NYSE:SKM traded up $0.09 during trading on Tuesday, hitting $20.65. The company had a trading volume of 132,571 shares, compared to its average volume of 285,781. The stock has a market cap of $8.13 billion, a price-to-earnings ratio of 8.43, a price-to-earnings-growth ratio of 1.27 and a beta of 0.63. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.91 and a quick ratio of 0.88. The company has a fifty day simple moving average of $21.45 and a two-hundred day simple moving average of $21.79. SK Telecom has a one year low of $19.84 and a one year high of $24.58.

Everbright Digital (EDHL)

We are an integrated marketing solutions provider in Hong Kong that is deeply involved in the metaverse and related technologies, and are committed to providing one-stop digital marketing services to support businesses through every stage of their development. Under the all-in-one service, our revenue is generated by providing tailored marketing solutions that address the specific needs of our clients in the context of the ever-developing nature of new forms of media.

NASDAQ EDHL traded up $0.11 on Tuesday, hitting $4.19. 59,221 shares of the stock were exchanged, compared to its average volume of 176,735. Everbright Digital has a 52-week low of $3.51 and a 52-week high of $4.99.

Xiao-I (AIXI)

Xiao-I Corporation, through its subsidiary, Shanghai Xiao-i Robot Technology Co., Ltd., provides software services in the People’s Republic of China. It offers conversational AI platform that uses deep learning, data enhancement, active learning technologies for dialog management, context processing mechanisms, and driven by a learning system; knowledge fusion platform which integrates Q&A, documents, multimedia, information forms, business processes, knowledge graphs, and multimodal; intelligence voice platform to enhance intelligent speech solutions, realizing the macro processes of intelligent IVP, intelligent outbound calls, speech analysis, agent assistance, and human-computer interaction; and hyperautomation platform that integrates technologies, such as OCR, NLP, and visualized data mining and analysis that enables users to realize business and process automation.

Shares of AIXI stock traded down $0.11 during trading hours on Tuesday, reaching $3.14. 31,967 shares of the stock were exchanged, compared to its average volume of 126,432. Xiao-I has a 12-month low of $2.06 and a 12-month high of $10.62. The company’s 50-day moving average price is $3.45 and its 200-day moving average price is $4.68.

Oriental Culture (OCG)

Oriental Culture Holding LTD, through its subsidiaries, operates an online platform to facilitate e-commerce trading of artwork and collectables in China and Hong Kong. The company facilitates trading by individual and institutional customers of various collectibles, artworks, and commodities on its online platforms.

Shares of OCG traded up $0.37 during mid-day trading on Tuesday, reaching $5.51. 10,903 shares of the company’s stock traded hands, compared to its average volume of 52,064. Oriental Culture has a 12 month low of $0.91 and a 12 month high of $7.47. The stock’s 50-day moving average is $3.64 and its two-hundred day moving average is $2.10.