Best Metaverse Stocks To Keep An Eye On – May 16th

NVIDIA, Globant, and Accenture are the three Metaverse stocks to watch today, according to MarketBeat’s stock screener tool. Metaverse stocks are shares of publicly traded companies that develop, provide or support technologies enabling the metaverse—a collective, virtual space where physical and digital realities merge. These typically include firms focused on virtual and augmented reality hardware, cloud platforms, digital asset ecosystems and immersive social or gaming experiences whose growth is tied to the expansion of interconnected virtual worlds. 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 $0.38 during midday trading on Friday, reaching $135.21. The company’s stock had a trading volume of 114,509,088 shares, compared to its average volume of 294,680,449. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The stock’s 50-day moving average is $111.80 and its 200-day moving average is $127.10. NVIDIA has a 1 year low of $86.62 and a 1 year high of $195.95. The firm has a market capitalization of $3.31 trillion, a price-to-earnings ratio of 53.14, a PEG ratio of 1.76 and a beta of 2.11.

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 $33.67 during trading hours on Friday, hitting $99.17. The stock had a trading volume of 7,704,327 shares, compared to its average volume of 657,417. The stock has a market capitalization of $4.37 billion, a P/E ratio of 26.79, a price-to-earnings-growth ratio of 2.38 and a beta of 1.37. The stock’s 50-day moving average price is $119.37 and its 200-day moving average price is $178.25. Globant has a 12-month low of $89.13 and a 12-month high of $238.32.

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.

Shares of Accenture stock traded down $6.48 on Friday, reaching $316.73. The company’s stock had a trading volume of 2,267,197 shares, compared to its average volume of 2,985,513. The company has a market capitalization of $198.38 billion, a price-to-earnings ratio of 26.59, a P/E/G ratio of 3.23 and a beta of 1.35. The firm’s fifty day simple moving average is $302.81 and its two-hundred day simple moving average is $341.53. Accenture has a 52 week low of $275.01 and a 52 week high of $398.35. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.17.