Top Metaverse Stocks To Consider – August 14th

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 whose core businesses enable or benefit from the development of immersive digital environments—often called the metaverse. These firms may provide virtual- or augmented-reality hardware, 3D graphics engines, blockchain-based marketplaces for digital assets or social gaming platforms with in-world economies. Investors buy metaverse stocks to gain exposure to the growth potential of virtual worlds and the digital commerce they host. 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.

NVDA traded up $0.32 during trading on Thursday, reaching $181.91. The company had a trading volume of 84,071,461 shares, compared to its average volume of 242,469,906. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. NVIDIA has a 12 month low of $86.62 and a 12 month high of $184.48. The business’s fifty day moving average price is $162.34 and its 200 day moving average price is $134.56. The company has a market cap of $4.44 trillion, a P/E ratio of 58.73, a PEG ratio of 1.61 and a beta of 2.14.

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 $1.04 during trading on Thursday, reaching $244.64. The company had a trading volume of 1,980,054 shares, compared to its average volume of 3,524,314. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46. Accenture has a 12 month low of $236.67 and a 12 month high of $398.35. The business’s fifty day moving average price is $286.71 and its 200 day moving average price is $313.39. The company has a market cap of $153.22 billion, a P/E ratio of 19.46, a PEG ratio of 2.16 and a beta of 1.29.

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 $1.50 during trading on Thursday, reaching $78.17. The company had a trading volume of 889,760 shares, compared to its average volume of 1,092,677. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.56 and a quick ratio of 1.56. Globant has a 12 month low of $73.98 and a 12 month high of $238.32. The company has a market cap of $3.44 billion, a P/E ratio of 23.13, a PEG ratio of 3.12 and a beta of 1.16. The business’s fifty day moving average price is $88.70 and its 200 day moving average price is $121.88.