The Glimpse Group (NASDAQ:VRAR) Given “Sell (E+)” Rating at Weiss Ratings

Weiss Ratings reaffirmed their sell (e+) rating on shares of The Glimpse Group (NASDAQ:VRAR) in a research report report published on Tuesday morning,Weiss Ratings reports.

Separately, Westpark Capital restated a “buy” rating and issued a $2.62 target price on shares of The Glimpse Group in a report on Wednesday, July 16th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $2.62.

The Glimpse Group Stock Performance

VRAR opened at $1.65 on Tuesday. The business has a 50 day moving average price of $1.49 and a 200 day moving average price of $1.39. The Glimpse Group has a twelve month low of $0.50 and a twelve month high of $7.00. The firm has a market cap of $34.76 million, a P/E ratio of -12.69 and a beta of 1.18.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in The Glimpse Group stock. XTX Topco Ltd purchased a new position in The Glimpse Group, Inc. (NASDAQ:VRAR) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 33,685 shares of the company’s stock, valued at approximately $46,000. XTX Topco Ltd owned 0.16% of The Glimpse Group as of its most recent SEC filing. Hedge funds and other institutional investors own 21.41% of the company’s stock.

The Glimpse Group Company Profile

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.