Glimpse Group Inc [NASDAQ: VRAR] stock went on a downward path that fall over -17.19% on Tuesday, amounting to a one-week price increase of more than 108.81%.
Over the last 12 months, VRAR stock rose by 181.36%. The one-year Glimpse Group Inc stock forecast points to a potential upside of 26.77. The average equity rating for VRAR stock is currently 1.00, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $51.47 million, with 18.17 million shares outstanding and 11.48 million shares in the current float. Compared to the average trading volume of 2.53M shares, VRAR stock reached a trading volume of 2109144 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Glimpse Group Inc [VRAR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VRAR shares is $4.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VRAR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Glimpse Group Inc is set at 0.69, with the Price to Sales ratio for VRAR stock in the period of the last 12 months amounting to 6.32. The Price to Book ratio for the last quarter was 5.70, with the Price to Cash per share for the same quarter was set at 0.09.
VRAR Stock Performance Analysis:
Glimpse Group Inc [VRAR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 108.81. With this latest performance, VRAR shares gained by 388.95% in over the last four-week period, additionally plugging by 232.00% over the last 6 months – not to mention a rise of 181.36% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VRAR stock in for the last two-week period is set at 71.80, with the RSI for the last a single of trading hit 72.32, and the three-weeks RSI is set at 73.76 for Glimpse Group Inc [VRAR]. The present Moving Average for the last 50 days of trading for this stock 1.04, while it was recorded at 3.49 for the last single week of trading, and 1.02 for the last 200 days.
Insight into Glimpse Group Inc Fundamentals:
Glimpse Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.83 and a Current Ratio set at 0.83.
Glimpse Group Inc [VRAR] Institutonal Ownership Details
There are presently around $17.34%, or 22.63%% of VRAR stock, in the hands of institutional investors. The top three institutional holders of VRAR stocks are: SUSQUEHANNA INTERNATIONAL GROUP, LLP with ownership of 0.59 million shares, which is approximately 3.4531%. VANGUARD GROUP INC, holding 0.57 million shares of the stock with an approximate value of $$0.58 million in VRAR stocks shares; and VANGUARD GROUP INC, currently with $$0.54 million in VRAR stock with ownership which is approximately 3.0661%.
