Glimpse Group Inc (NASDAQ:VRAR)’s traded shares stood at 0.45 million during the last session, with the company’s beta value hitting 1.98. At the close of trading, the stock’s price was $0.73, to imply an increase of 2.18% or $0.01 in intraday trading. The VRAR share’s 52-week high remains $1.73, putting it -136.99% down since that peak but still an impressive 31.51% since price per share fell to its 52-week low of $0.50. The company has a valuation of $13.29M, with an average of 0.27 million shares in intraday trading volume over the past 10 days and average of 130.17K shares over the past 3 months.
Glimpse Group Inc (NASDAQ:VRAR) trade information
After registering a 2.18% upside in the last session, Glimpse Group Inc (VRAR) has traded red over the past five days. The 5-day price performance for the stock is 4.51%, and 10.86% over 30 days. With these gigs, the year-to-date price performance is -35.25%. Short interest in Glimpse Group Inc (NASDAQ:VRAR) saw shorts transact 0.36 million shares and set a 8.05 days time to cover.
The extremes give us $12 and $12 for target low and target high price respectively. As such, VRAR has been trading -1543.84% off suggested target high and -1543.84% from its likely low.
Glimpse Group Inc (VRAR) estimates and forecasts
The rating firms project that company’s revenue will grow 36.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 3.1M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 3.2M.Earnings reports from the last fiscal year show that sales brought in 2.08M and 1.9M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 49.29% before jumping 68.81% in the following quarter.
VRAR Dividends
Glimpse Group Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Glimpse Group Inc (NASDAQ:VRAR)’s Major holders
Glimpse Group Inc insiders hold 23.39% of total outstanding shares, with institutional holders owning 17.34% of the shares at 22.63% float percentage. In total, 17.34% institutions holds shares in the company, led by SUSQUEHANNA INTERNATIONAL GROUP, LLP. As of 2024-06-30, the company held over 0.59 million shares (or 3.4531% of shares), all amounting to roughly $0.61 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 0.57 million shares, or about 3.2889% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.58 million.
