Glimpse Group Inc (NASDAQ:VRAR) has a beta value of 1.07 and has seen 1.42 million shares traded in the last trading session. The company, currently valued at $55.93M, closed the last trade at $2.76 per share which meant it lost -$0.03 on the day or -1.08% during that session. The VRAR stock price is -153.62% off its 52-week high price of $7.00 and 81.88% above the 52-week low of $0.50. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.3 million shares traded. The 3-month trading volume is 2.78 million shares.
Glimpse Group Inc (NASDAQ:VRAR) trade information
Sporting -1.08% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the VRAR stock price touched $2.76 or saw a rise of 12.1%. Year-to-date, Glimpse Group Inc shares have moved 11.74%, while the 5-day performance has seen it change -10.39%. Over the past 30 days, the shares of Glimpse Group Inc (NASDAQ:VRAR) have changed 279.96%. Short interest in the company has seen 0.36 million shares shorted with days to cover at 8.05.
Wall Street analysts have a consensus price target for the stock at $12, which means that the shares’ value could jump 77.0% from current levels. The projected low price target is $12.0 while the price target rests at a high of $12.0. In that case, then, we find that the current price level is -334.78% off the targeted high while a plunge would see the stock gain -334.78% from current levels.
Glimpse Group Inc (VRAR) estimates and forecasts
The company’s shares have gained 173.27% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 6.69% over the past 5 years.
VRAR Dividends
Glimpse Group Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Glimpse Group Inc (NASDAQ:VRAR)’s Major holders
Insiders own 23.39% of the company shares, while shares held by institutions stand at 17.34% with a share float percentage of 22.63%. Investors are also buoyed by the number of investors in a company, with Glimpse Group Inc having a total of 23.0 institutions that hold shares in the company. The top two institutional holders are SUSQUEHANNA INTERNATIONAL GROUP, LLP with over 0.59 million shares worth more than $0.61 million. As of 2024-06-30, SUSQUEHANNA INTERNATIONAL GROUP, LLP held 3.4531% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 0.57 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.58 million and represent 3.2889% of shares outstanding.
