Metaverse Stocks To Add to Your Watchlist - August 13th

Key Points

• NVIDIA, Accenture, and Globant are highlighted as key metaverse stocks to watch due to their recent trading volumes and involvement in developing immersive digital technologies.
• NVIDIA's stock is priced at $180.27, while Accenture is trading at $245.33, and Globant is at $78.67, reflecting significant activities in the metaverse sector.
• These companies operate in various areas of the metaverse, including cloud-based solutions, AI, and digital asset marketplaces, positioning them to benefit from the growth of virtual economies.

NVIDIA, Accenture, and Globant are the three Metaverse stocks to watch today, according to MarketBeat's stock screener tool. Metaverse stocks refer to shares of publicly traded companies that are building or enabling immersive digital worlds—ranging from virtual and augmented reality hardware to software platforms for social interaction, gaming engines, and 3D content creation tools. These firms often operate cloud-based architectures, digital asset marketplaces or metaverse-focused social networks. Investors buy metaverse stocks to gain exposure to the anticipated growth of virtual economies and online experiences. 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.

NASDAQ:NVDA traded down $2.89 during trading hours on Wednesday, hitting $180.27. The company's stock had a trading volume of 114,846,474 shares, compared to its average volume of 243,072,875. The stock has a fifty day simple moving average of $161.55 and a 200-day simple moving average of $134.24. The company has a market capitalization of $4.40 trillion, a P/E ratio of 58.12, a PEG ratio of 1.60 and a beta of 2.14. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. NVIDIA has a twelve month low of $86.62 and a twelve month high of $184.48.

Read Our Latest Research Report on NVDA

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 up $7.46 during trading hours on Wednesday, hitting $245.33. The company's stock had a trading volume of 2,547,466 shares, compared to its average volume of 3,516,294. The stock has a fifty day simple moving average of $288.13 and a 200-day simple moving average of $313.86. The company has a market capitalization of $153.65 billion, a P/E ratio of 19.56, a PEG ratio of 2.17 and a beta of 1.29. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46. Accenture has a twelve month low of $236.67 and a twelve month high of $398.35.

Read Our Latest Research Report on ACN

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.

NYSE:GLOB traded up $2.78 during trading hours on Wednesday, hitting $78.67. The company's stock had a trading volume of 761,540 shares, compared to its average volume of 1,088,118. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market capitalization of $3.46 billion, a P/E ratio of 23.29, a PEG ratio of 3.07 and a beta of 1.16. Globant has a twelve month low of $73.98 and a twelve month high of $238.32. The stock has a fifty day simple moving average of $89.07 and a 200-day simple moving average of $122.18.

Read Our Latest Research Report on GLOB

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