Metaverse Stocks To Keep An Eye On – February 03rd

NVIDIA, Accenture, Globant, SK Telecom, and NIP Group are the five Metaverse stocks to watch today, according to MarketBeat’s stock screener tool. Metaverse stocks are stocks of companies involved in the development, creation, or support of virtual or digital environments where users can interact with each other and digital objects in real-time. These stocks are often associated with companies working in areas such as virtual reality, augmented reality, gaming, blockchain, and other emerging technologies that enable the creation and expansion of the metaverse. Investors are interested in these stocks due to the potential growth and innovation opportunities presented by the expanding digital landscape of the metaverse. 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 NVDA traded down $4.32 during trading hours on Monday, reaching $115.75. The stock had a trading volume of 227,562,574 shares, compared to its average volume of 293,815,750. The company has a market capitalization of $2.83 trillion, a price-to-earnings ratio of 45.70, a P/E/G ratio of 2.16 and a beta of 1.62. The firm has a 50-day simple moving average of $136.58 and a 200 day simple moving average of $129.41. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. NVIDIA has a 12 month low of $66.25 and a 12 month high of $153.13.

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 $0.27 during mid-day trading on Monday, reaching $384.68. 1,270,626 shares of the company’s stock traded hands, compared to its average volume of 2,694,779. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.47. Accenture has a 1-year low of $278.69 and a 1-year high of $387.51. The stock has a market cap of $240.73 billion, a P/E ratio of 32.30, a PEG ratio of 3.43 and a beta of 1.24. The business has a 50-day simple moving average of $359.56 and a 200 day simple moving average of $350.23.

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.

GLOB stock traded down $1.01 during mid-day trading on Monday, reaching $212.31. 521,926 shares of the company traded hands, compared to its average volume of 431,561. The firm’s 50 day moving average price is $217.57 and its 200 day moving average price is $208.64. The stock has a market cap of $9.15 billion, a price-to-earnings ratio of 55.45, a P/E/G ratio of 2.33 and a beta of 1.39. Globant has a fifty-two week low of $151.68 and a fifty-two week high of $248.94.

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 $0.08 during mid-day trading on Monday, hitting $21.41. 98,739 shares of the company traded hands, compared to its average volume of 204,580. The stock has a 50-day moving average price of $21.89 and a two-hundred day moving average price of $22.55. SK Telecom has a 12-month low of $19.88 and a 12-month high of $24.58. The stock has a market cap of $8.43 billion, a P/E ratio of 9.91, a P/E/G ratio of 1.91 and a beta of 0.80. The company has a current ratio of 0.91, a quick ratio of 0.88 and a debt-to-equity ratio of 0.48.

NIP Group (NIPG)

Our mission is to create transformative esports experiences that entertain, inspire and connect fans across the globe. Our vision is to become the premier esports organization in the world. We are a leading esports organization with the most expansive global footprint by virtue of our operations across Asia, Europe and South America, according to the Frost & Sullivan Report.

NASDAQ:NIPG traded down $0.21 during trading hours on Monday, hitting $3.59. 61,243 shares of the company traded hands, compared to its average volume of 103,953. The business’s 50-day simple moving average is $6.57. NIP Group has a one year low of $3.39 and a one year high of $17.76.