Metaverse Stocks To Consider - May 6th

NVIDIA, Accenture, and Globant are the three Metaverse stocks to watch today, according to MarketBeat's stock screener tool. Metaverse stocks are shares of publicly traded companies whose core businesses involve building or enabling virtual worlds, augmented and virtual reality technologies, and related digital ecosystems. These companies may develop hardware (like VR headsets), software platforms, virtual goods, or services that support immersive online experiences. Investors buy metaverse stocks to gain exposure to the anticipated growth of interconnected digital environments and their economies. 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 stock traded down $0.78 during midday trading on Tuesday, reaching $113.04. The company had a trading volume of 84,978,309 shares, compared to its average volume of 298,917,940. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $195.95. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average price of $110.50 and a 200 day moving average price of $127.91. The firm has a market capitalization of $2.76 trillion, a PE ratio of 44.46, a P/E/G ratio of 1.76 and a beta of 2.11.

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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 ACN traded down $3.75 during mid-day trading on Tuesday, reaching $303.96. 1,189,231 shares of the company's stock traded hands, compared to its average volume of 2,974,589. Accenture has a 12 month low of $275.01 and a 12 month high of $398.35. The stock has a market capitalization of $190.38 billion, a P/E ratio of 25.50, a price-to-earnings-growth ratio of 3.23 and a beta of 1.35. The business's 50-day moving average price is $307.74 and its 200-day moving average price is $344.13. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.47 and a current ratio of 1.47.

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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.

Shares of GLOB traded up $0.48 during midday trading on Tuesday, reaching $118.30. The stock had a trading volume of 196,998 shares, compared to its average volume of 607,036. The firm's 50 day moving average price is $121.38 and its 200-day moving average price is $182.61. The company has a market capitalization of $5.21 billion, a P/E ratio of 31.76, a P/E/G ratio of 2.38 and a beta of 1.37. Globant has a 52 week low of $96.23 and a 52 week high of $238.32.

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