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The Glimpse Group (NASDAQ:VRAR) Receives "Buy" Rating from Westpark Capital

The Glimpse Group logo with Business Services background

Westpark Capital restated their buy rating on shares of The Glimpse Group (NASDAQ:VRAR - Free Report) in a research note issued to investors on Tuesday morning,Benzinga reports. The firm currently has a $4.67 price target on the stock.

The Glimpse Group Stock Performance

Shares of NASDAQ VRAR traded down $0.71 during mid-day trading on Tuesday, reaching $3.42. The company had a trading volume of 2,111,107 shares, compared to its average volume of 706,204. The Glimpse Group has a twelve month low of $0.50 and a twelve month high of $7.00. The stock's 50 day moving average is $0.99 and its 200-day moving average is $0.93. The stock has a market capitalization of $62.16 million, a PE ratio of -7.95 and a beta of 1.98.

The Glimpse Group (NASDAQ:VRAR - Get Free Report) last issued its earnings results on Monday, September 30th. The company reported ($0.24) earnings per share for the quarter. The firm had revenue of $1.73 million during the quarter. The Glimpse Group had a negative return on equity of 55.72% and a negative net margin of 89.57%.

About The Glimpse Group

(Get Free Report)

The Glimpse Group, Inc, a virtual reality (VR) and augmented reality (AR) platform company, provides enterprise-focused software, services, and solutions in the United States. It offers QReal, a software that creates and distributes photorealistic 3D interactive digital models and experiences in AR; Immersive Health Group, a VR/AR platform for evidence-based and outcome driven healthcare solutions; and Foretell Reality, a social VR platform for behavioral health, support groups, collaboration, and soft skills training.

Further Reading

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