In last trading session, Glimpse Group Inc (NASDAQ:VRAR) saw 0.48 million shares changing hands with its beta currently measuring 1.07. Company’s recent per share price level of $2.09 trading at -$0.15 or -6.70% at ring of the bell on the day assigns it a market valuation of $42.35M. That closing price of VRAR’s stock is at a discount of -234.93% from its 52-week high price of $7.00 and is indicating a premium of 76.08% from its 52-week low price of $0.50. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.66 million shares which gives us an average trading volume of 2.83 million if we extend that period to 3-months.
Glimpse Group Inc (NASDAQ:VRAR) trade information
Upright in the red during last session for losing -6.70%, in the last five days VRAR remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $2.09 price level, adding 31.92% to its value on the day. Glimpse Group Inc’s shares saw a change of -15.38% in year-to-date performance and have moved -25.09% in past 5-day. Glimpse Group Inc (NASDAQ:VRAR) showed a performance of 148.81% in past 30-days. Number of shares sold short was 0.36 million shares which calculate 8.05 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 12 to the stock, which implies a rise of 82.58% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 12. It follows that stock’s current price would drop -474.16% in reaching the projected high whereas dropping to the targeted low would mean a loss of -474.16% for stock’s current value.
Glimpse Group Inc (VRAR) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.69% during past 5 years.
Glimpse Group Inc (NASDAQ:VRAR)’s Major holders
Insiders are in possession of 23.39% of company’s total shares while institution are holding 17.34 percent of that, with stock having share float percentage of 22.63%. Investors also watch the number of corporate investors in a company very closely, which is 17.34% institutions for Glimpse Group Inc that are currently holding shares of the company. SUSQUEHANNA INTERNATIONAL GROUP, LLP is the top institutional holder at VRAR for having 0.59 million shares of worth $0.61 million. And as of 2024-06-30, it was holding 3.4531 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 0.57 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.2889 of outstanding shares, having a total worth of $0.58 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 437.15 shares of worth $0.91 million or 2.41% of the total outstanding shares. The later fund manager was in possession of 116.43 shares on Sep 30, 2024 , making its stake of worth around $0.24 million in the company or a holder of 0.64% of company’s stock.
