Best Metaverse Stocks To Follow Today – March 10th

NVIDIA, Accenture, and Globant are the three Metaverse stocks to watch today, according to MarketBeat’s stock screener tool. Metaverse stocks are shares of companies that focus on developing technologies, platforms, and services for the metaverse—a digital realm combining augmented reality, virtual reality, and other immersive experiences. These companies range from tech hardware and software developers to social platforms and digital content creators, and investing in them often involves balancing high growth prospects with the risks inherent in emerging technologies. 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.

NVIDIA stock traded down $5.68 during trading hours on Monday, hitting $107.02. The company had a trading volume of 190,974,375 shares, compared to its average volume of 327,421,793. The firm has a market cap of $2.61 trillion, a P/E ratio of 42.29, a P/E/G ratio of 1.76 and a beta of 1.77. The company has a 50-day moving average price of $131.66 and a two-hundred day moving average price of $131.68. NVIDIA has a 1 year low of $75.61 and a 1 year high of $153.13. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10.

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 $5.45 during trading hours on Monday, reaching $336.73. The stock had a trading volume of 1,304,623 shares, compared to its average volume of 2,702,623. The business’s fifty day moving average price is $365.74 and its two-hundred day moving average price is $358.64. The firm has a market cap of $210.72 billion, a price-to-earnings ratio of 28.25, a P/E/G ratio of 3.23 and a beta of 1.24. Accenture has a 52-week low of $278.69 and a 52-week high of $398.35. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.17.

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 GLOB stock traded down $6.83 during mid-day trading on Monday, hitting $133.53. The stock had a trading volume of 474,208 shares, compared to its average volume of 765,331. Globant has a 12-month low of $133.41 and a 12-month high of $238.32. The firm’s 50-day moving average is $199.61 and its two-hundred day moving average is $207.69. The firm has a market capitalization of $5.88 billion, a P/E ratio of 35.90, a price-to-earnings-growth ratio of 2.38 and a beta of 1.47.