Promising Metaverse Stocks To Consider – February 09th

NVIDIA, Accenture, Globant, SK Telecom, and Xiao-I are the five Metaverse stocks to watch today, according to MarketBeat’s stock screener tool. Metaverse stocks refer to publicly traded companies that are involved in the development, creation, or investment in the metaverse. The metaverse is a collective virtual shared space that is created by the convergence of physical and virtual reality, often accessed through virtual reality or augmented reality technology. Investing in metaverse stocks is a way for investors to participate in the growth potential of this emerging digital landscape. 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.

NASDAQ NVDA traded up $1.16 on Friday, reaching $129.84. The company had a trading volume of 227,239,661 shares, compared to its average volume of 291,045,696. NVIDIA has a 1 year low of $66.25 and a 1 year high of $153.13. The firm has a market capitalization of $3.18 trillion, a PE ratio of 51.10, a P/E/G ratio of 1.62 and a beta of 1.62. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. The firm has a 50-day moving average of $135.31 and a 200-day moving average of $129.44.

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 $1.30 during midday trading on Friday, reaching $386.04. 2,437,352 shares of the company’s stock were exchanged, compared to its average volume of 2,705,305. The stock has a market capitalization of $241.58 billion, a PE ratio of 32.39, a price-to-earnings-growth ratio of 3.44 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 debt-to-equity ratio of 0.17, a quick ratio of 1.47 and a current ratio of 1.47. The business’s fifty day moving average price is $362.30 and its two-hundred day moving average price is $352.18.

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 up $0.41 during midday trading on Friday, hitting $217.64. 613,234 shares of the company’s stock were exchanged, compared to its average volume of 440,014. The firm has a 50 day moving average price of $216.10 and a 200-day moving average price of $209.27. Globant has a 12-month low of $151.68 and a 12-month high of $245.81. The stock has a market capitalization of $9.38 billion, a price-to-earnings ratio of 56.83, a price-to-earnings-growth ratio of 2.46 and a beta of 1.39.

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.

SKM traded down $0.39 during trading on Friday, hitting $21.14. The company had a trading volume of 165,864 shares, compared to its average volume of 195,619. SK Telecom has a 1-year low of $19.88 and a 1-year high of $24.58. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.91 and a quick ratio of 0.88. The company has a market cap of $8.33 billion, a PE ratio of 9.79, a P/E/G ratio of 1.92 and a beta of 0.80. The business has a 50-day moving average of $21.66 and a 200-day moving average of $22.54.

Xiao-I (AIXI)

Xiao-I Corporation, through its subsidiary, Shanghai Xiao-i Robot Technology Co., Ltd., provides software services in the People’s Republic of China. It offers conversational AI platform that uses deep learning, data enhancement, active learning technologies for dialog management, context processing mechanisms, and driven by a learning system; knowledge fusion platform which integrates Q&A, documents, multimedia, information forms, business processes, knowledge graphs, and multimodal; intelligence voice platform to enhance intelligent speech solutions, realizing the macro processes of intelligent IVP, intelligent outbound calls, speech analysis, agent assistance, and human-computer interaction; and hyperautomation platform that integrates technologies, such as OCR, NLP, and visualized data mining and analysis that enables users to realize business and process automation.

Shares of Xiao-I stock traded up $0.15 during trading on Friday, reaching $5.37. The company had a trading volume of 232,028 shares, compared to its average volume of 184,891. The firm’s fifty day simple moving average is $5.39. Xiao-I has a fifty-two week low of $2.06 and a fifty-two week high of $22.05.