NVIDIA, Accenture, Globant, SK Telecom, and Everbright Digital are the five Metaverse stocks to watch today, according to MarketBeat's stock screener tool. Metaverse stocks are shares of publicly traded companies that develop or support the infrastructure, hardware, software and digital platforms underpinning immersive virtual worlds. These firms—ranging from social-media and gaming giants to chipmakers, 3D-engine providers and blockchain specialists—are positioned to benefit as consumers and businesses increasingly engage in augmented and virtual reality environments. Investors buy metaverse stocks to gain exposure to the anticipated growth of interconnected digital spaces where social, entertainment and economic activities converge. 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 $0.31 on Tuesday, reaching $142.94. 77,417,189 shares of the company's stock were exchanged, compared to its average volume of 277,442,229. NVIDIA has a twelve month low of $86.62 and a twelve month high of $195.95. The stock has a market cap of $3.49 trillion, a PE ratio of 56.27, a P/E/G ratio of 1.76 and a beta of 2.12. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. The stock's fifty day moving average price is $119.10 and its 200-day moving average price is $126.11.
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.
ACN traded up $4.17 during trading on Tuesday, reaching $320.79. The company's stock had a trading volume of 1,098,825 shares, compared to its average volume of 2,960,053. The company has a market cap of $200.92 billion, a price-to-earnings ratio of 26.90, a PEG ratio of 3.23 and a beta of 1.33. The firm has a fifty day simple moving average of $303.16 and a two-hundred day simple moving average of $336.65. Accenture has a 1 year low of $275.01 and a 1 year 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.
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 NYSE:GLOB traded up $3.51 during midday trading on Tuesday, hitting $103.73. The company had a trading volume of 407,523 shares, compared to its average volume of 699,387. Globant has a twelve month low of $88.03 and a twelve month high of $238.32. The stock has a market cap of $4.57 billion, a price-to-earnings ratio of 27.84, a price-to-earnings-growth ratio of 2.38 and a beta of 1.24. The business's 50-day simple moving average is $109.96 and its 200-day simple moving average is $163.45.
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.
SKM stock traded down $0.19 during trading on Tuesday, reaching $21.44. 127,740 shares of the stock were exchanged, compared to its average volume of 293,213. SK Telecom has a 1 year low of $19.84 and a 1 year high of $24.58. The firm has a market capitalization of $8.44 billion, a price-to-earnings ratio of 8.75, a P/E/G ratio of 1.27 and a beta of 0.60. The business has a 50 day moving average price of $21.28 and a 200-day moving average price of $21.61. The company has a current ratio of 0.91, a quick ratio of 0.88 and a debt-to-equity ratio of 0.48.
Read Our Latest Research Report on SKM
Everbright Digital (EDHL)
We are an integrated marketing solutions provider in Hong Kong that is deeply involved in the metaverse and related technologies, and are committed to providing one-stop digital marketing services to support businesses through every stage of their development. Under the all-in-one service, our revenue is generated by providing tailored marketing solutions that address the specific needs of our clients in the context of the ever-developing nature of new forms of media.
EDHL stock traded up $0.12 during midday trading on Tuesday, hitting $4.45. 610,490 shares of the company's stock were exchanged, compared to its average volume of 142,386. Everbright Digital has a 1-year low of $3.51 and a 1-year high of $5.00.
Read Our Latest Research Report on EDHL
Featured Articles
Before you consider NVIDIA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NVIDIA wasn't on the list.
While NVIDIA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report