Top Metaverse Stocks To Keep An Eye On - July 30th

Key Points

• NVIDIA, Accenture, Globant, SK Telecom, and Robot Consulting are highlighted as top Metaverse stocks based on recent trading volumes, indicating strong interest in companies involved in metaverse development and monetization.
• NVIDIA's stock recently traded at $179.03 with a market capitalization of $4.37 trillion, showcasing significant growth potential as it provides essential technologies for metaverse applications.
• Accenture and Globant are also key players, with Accenture focusing on consulting and operational services, and Globant offering a range of digital solutions, including metaverse-related services, emphasizing the diverse roles in this emerging market.

NVIDIA, Accenture, Globant, SK Telecom, and Robot Consulting are the five 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, enabling or monetizing the metaverse—a network of interconnected virtual and augmented-reality environments. These firms range from makers of VR/AR hardware and 3D engine software to platforms hosting virtual worlds, blockchain and NFT marketplaces, and other digital-infrastructure providers powering immersive 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.

Shares of NASDAQ NVDA traded up $3.52 during midday trading on Wednesday, reaching $179.03. The company's stock had a trading volume of 84,807,176 shares, compared to its average volume of 248,658,453. NVIDIA has a 12-month low of $86.62 and a 12-month high of $179.40. The firm has a 50 day moving average price of $152.60 and a 200-day moving average price of $131.39. The stock has a market capitalization of $4.37 trillion, a P/E ratio of 57.74, a PEG ratio of 1.56 and a beta of 2.13. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96.

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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 NYSE:ACN traded down $2.56 during trading on Wednesday, hitting $276.34. 1,680,929 shares of the company were exchanged, compared to its average volume of 3,355,348. The company has a market cap of $173.08 billion, a PE ratio of 21.99, a P/E/G ratio of 2.62 and a beta of 1.29. The stock has a 50 day moving average of $300.93 and a 200 day moving average of $321.07. Accenture has a 52-week low of $273.19 and a 52-week high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46.

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.

Shares of GLOB stock traded up $0.45 on Wednesday, reaching $91.29. The company's stock had a trading volume of 435,213 shares, compared to its average volume of 1,035,608. The company has a market capitalization of $4.02 billion, a P/E ratio of 27.07, a PEG ratio of 3.29 and a beta of 1.20. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.13. Globant has a 12-month low of $82.39 and a 12-month high of $238.32. The stock's 50 day simple moving average is $93.10 and its 200-day simple moving average is $131.25.

Read Our Latest Research Report on GLOB

SK Telecom (SKM)

SK Telecom Co., Ltd. provides wireless telecommunication services in South Korea. The company operates through three segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission, Internet of Things solutions, platform, cloud, smart factory solutions, subscription, advertising and curated shopping under T Deal brand name, and metaverse platform-based services, as well as sells wireless devices.

Shares of NYSE:SKM traded up $0.34 on Wednesday, reaching $22.31. 192,360 shares of the company traded hands, compared to its average volume of 386,683. The company has a current ratio of 0.88, a quick ratio of 0.86 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $8.79 billion, a P/E ratio of 9.21, a price-to-earnings-growth ratio of 10.63 and a beta of 0.64. SK Telecom has a 52 week low of $19.84 and a 52 week high of $24.58. The business's 50-day simple moving average is $22.02 and its 200 day simple moving average is $21.71.

Read Our Latest Research Report on SKM

Robot Consulting (LAWR)

Robot Consulting Co. Ltd. is a platform service provider focusing on human resource solutions with an intention to expand into legal technology and the metaverse. The Company's major product, Labor Robot, is a cloud-based human resource management system which helps users track employee attendance, manage sales orders and journalize accounting items.

Shares of LAWR stock traded down $0.09 during trading hours on Wednesday, hitting $2.17. 577,763 shares of the company's stock traded hands, compared to its average volume of 3,048,904. Robot Consulting has a 12-month low of $2.00 and a 12-month high of $4.41.

Read Our Latest Research Report on LAWR

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