Promising Metaverse Stocks To Watch Today – July 2nd

NVIDIA, Accenture, and Globant are the three Metaverse stocks to watch today, according to MarketBeat’s stock screener tool. Metaverse stocks are shares of companies involved in building and operating the virtual environments, hardware and software that underpin the metaverse—an interconnected network of immersive digital worlds. They range from VR/AR device manufacturers and game developers to platform operators, semiconductor producers and blockchain-based marketplaces. Investors buy these stocks hoping to capture growth as the metaverse evolves into a mainstream venue for work, play and social interaction. 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.

Shares of NVIDIA stock traded up $4.03 on Wednesday, hitting $157.33. The company’s stock had a trading volume of 101,165,786 shares, compared to its average volume of 267,963,859. The company has a market capitalization of $3.84 trillion, a price-to-earnings ratio of 50.72, a price-to-earnings-growth ratio of 1.40 and a beta of 2.13. The firm has a fifty day moving average price of $133.27 and a 200-day moving average price of $127.24. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. NVIDIA has a 1 year low of $86.62 and a 1 year high of $158.71.

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.

NYSE ACN traded down $2.92 on Wednesday, hitting $299.70. The company had a trading volume of 1,319,898 shares, compared to its average volume of 3,335,405. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46. The company’s fifty day moving average price is $308.79 and its 200-day moving average price is $330.60. The company has a market capitalization of $187.71 billion, a PE ratio of 23.86, a PEG ratio of 2.93 and a beta of 1.30. Accenture has a 12-month low of $273.19 and a 12-month high of $398.35.

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.

Globant stock traded down $2.06 during midday trading on Wednesday, reaching $90.50. The company had a trading volume of 285,276 shares, compared to its average volume of 1,019,840. 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 $86.02 and a 12-month high of $238.32. The company has a market capitalization of $3.98 billion, a P/E ratio of 26.77, a P/E/G ratio of 1.76 and a beta of 1.20. The firm’s fifty day simple moving average is $105.97 and its 200-day simple moving average is $149.13.