Promising Metaverse Stocks To Keep An Eye On – June 15th

NVIDIA, Accenture, and Globant are the three Metaverse stocks to watch today, according to MarketBeat’s stock screener tool. Metaverse stocks are shares of publicly traded companies that develop, enable or support the metaverse—immersive virtual environments where users interact via AR/VR, digital assets and online platforms. These firms range from VR/graphics-chip manufacturers to gaming studios, social-platform developers and blockchain-based service providers. Investors buy them to gain exposure to the projected growth of virtual worlds and their digital economies. 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.

NASDAQ NVDA traded down $3.03 on Friday, reaching $141.97. The company had a trading volume of 180,270,368 shares, compared to its average volume of 276,376,708. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $3.46 trillion, a PE ratio of 55.87, a price-to-earnings-growth ratio of 1.76 and a beta of 2.12. The firm’s 50 day moving average price is $122.77 and its 200 day moving average price is $126.38. NVIDIA has a 12 month low of $86.62 and a 12 month high of $153.13.

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.

Accenture stock traded down $6.76 during trading hours on Friday, hitting $311.37. The company had a trading volume of 3,102,635 shares, compared to its average volume of 2,958,031. The firm has a market cap of $195.02 billion, a P/E ratio of 26.12, a P/E/G ratio of 3.23 and a beta of 1.33. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.47 and a current ratio of 1.47. Accenture has a 1 year low of $275.01 and a 1 year high of $398.35. The company has a 50-day moving average price of $305.50 and a two-hundred day moving average price of $335.58.

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.

Globant stock traded down $4.32 during trading hours on Friday, hitting $93.92. The company had a trading volume of 1,333,999 shares, compared to its average volume of 706,478. The firm has a market cap of $4.14 billion, a P/E ratio of 25.25, a P/E/G ratio of 2.38 and a beta of 1.24. Globant has a 1 year low of $88.03 and a 1 year high of $238.32. The company has a 50-day moving average price of $109.79 and a two-hundred day moving average price of $160.26.