The Glimpse Group (VRAR) to Release Earnings on Tuesday

The Glimpse Group (NASDAQ:VRAR) will post its quarterly earnings results after the market closes on Tuesday, November 14th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

The Glimpse Group (NASDAQ:VRAR) last posted its earnings results on Thursday, September 28th. The company reported ($1.37) earnings per share (EPS) for the quarter. The Glimpse Group had a negative net margin of 211.87% and a negative return on equity of 117.08%. The business had revenue of $2.91 million during the quarter.

The Glimpse Group Trading Down 4.0 %

VRAR stock opened at $1.20 on Friday. The Glimpse Group has a 1 year low of $0.86 and a 1 year high of $6.90. The company has a fifty day simple moving average of $1.92 and a 200 day simple moving average of $3.13. The firm has a market cap of $19.94 million, a PE ratio of -0.58 and a beta of 2.00.

Analyst Upgrades and Downgrades

Separately, Westpark Capital assumed coverage on The Glimpse Group in a research report on Tuesday, August 22nd. They issued a “buy” rating and a $8.87 price target for the company.

Institutional Trading of The Glimpse Group

Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of The Glimpse Group by 374.0% during the 3rd quarter. Vanguard Group Inc. now owns 703,343 shares of the company’s stock worth $3,721,000 after purchasing an additional 554,965 shares during the last quarter. Renaissance Technologies LLC acquired a new position in The Glimpse Group during the 2nd quarter valued at $230,000. ProShare Advisors LLC acquired a new position in The Glimpse Group during the 1st quarter valued at $193,000. BlackRock Inc. raised its stake in The Glimpse Group by 39.3% during the 3rd quarter. BlackRock Inc. now owns 49,006 shares of the company’s stock valued at $260,000 after purchasing an additional 13,816 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in The Glimpse Group during the 4th quarter valued at $42,000. 10.97% of the stock is currently owned by institutional investors and hedge funds.

About The Glimpse Group

The Glimpse Group, Inc, a virtual reality (VR) and augmented reality (AR) platform company, provides enterprise-focused software, services, and solutions in the United States. It offers QReal, a software that creates and distributes photorealistic 3D interactive digital models and experiences in AR; Immersive Health Group, a VR/AR platform for evidence-based and outcome driven healthcare solutions; and Foretell Reality, a social VR platform for behavioral health, support groups, collaboration, and soft skills training.