The 36-month beta value for VRAR is at 1.99. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VRAR is 13.17M, and currently, shorts hold a 2.96% of that float. The average trading volume for VRAR on November 08, 2024 was 89.38K shares.
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VRAR) stock’s latest price update
The stock price of Glimpse Group Inc (NASDAQ: VRAR) has plunged by -9.09 when compared to previous closing price of 0.66, but the company has seen a -16.55% decline in its stock price over the last five trading sessions. accesswire.com reported 2024-10-11 that NEW YORK, NY / ACCESSWIRE / October 11, 2024 / The Glimpse Group, Inc. (“Glimpse”) (NASDAQ:VRAR), a diversified Immersive Technology platform company providing enterprise-focused Spatial Computing, Virtual Reality (“VR”), Augmented Reality (“AR”) software and services, announced today that it will be participating in the MicroCap Rodeo Fall Conference which will be held on Wednesday, October 16, 2024, in New York City. Glimpse’s President & CEO, Lyron Bentovim, will present at 1:00pm ET on Wednesday, October 16, 2024 and will be webcast live – https://www.webcaster4.com/Webcast/Page/3068/51451.
VRAR’s Market Performance
Glimpse Group Inc (VRAR) has experienced a -16.55% fall in stock performance for the past week, with a -15.36% drop in the past month, and a -20.48% drop in the past quarter. The volatility ratio for the week is 12.28%, and the volatility levels for the past 30 days are at 9.93% for VRAR. The simple moving average for the last 20 days is -12.10% for VRAR stock, with a simple moving average of -41.81% for the last 200 days.
VRAR Trading at -19.69% from the 50-Day Moving Average
After a stumble in the market that brought VRAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.32% of loss for the given period.
Volatility was left at 9.93%, however, over the last 30 days, the volatility rate increased by 12.28%, as shares sank -12.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.87% lower at present.
During the last 5 trading sessions, VRAR fell by -16.55%, which changed the moving average for the period of 200-days by -54.20% in comparison to the 20-day moving average, which settled at $0.6825. In addition, Glimpse Group Inc saw -46.90% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for VRAR
Current profitability levels for the company are sitting at:
- -0.78 for the present operating margin
- 0.63 for the gross margin
The net margin for Glimpse Group Inc stands at -0.73. The total capital return value is set at -0.53. Equity return is now at value -56.18, with -32.10 for asset returns.
Based on Glimpse Group Inc (VRAR), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -9.59.
Currently, EBITDA for the company is -7.91 million with net debt to EBITDA at 0.17. When we switch over and look at the enterprise to sales, we see a ratio of 1.09. The receivables turnover for the company is 12.18for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.45.
Conclusion
In conclusion, Glimpse Group Inc (VRAR) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
