Top Metaverse Stocks to Monitor
NVIDIA, Accenture, Globant, Everbright Digital, and SK Telecom are currently highlighted as five significant Metaverse stocks, according to insights from MarketBeat’s stock screener tool. Metaverse stocks refer to shares of publicly traded firms engaged in the development and enhancement of immersive virtual environments. This sector includes manufacturers of VR/AR headsets, software creators for 3D social platforms, and content developers. Investors are increasingly focusing on these stocks to tap into the burgeoning potential of next-generation internet technologies, where users can engage in shared digital worlds that are persistent and interactive. These companies have recorded the highest trading volumes among Metaverse stocks in recent days.
NVIDIA (NVDA)
NVIDIA Corporation is a global leader in providing graphics, computing, and networking solutions, with operations in the United States, Taiwan, China, Hong Kong, and other international markets. Its Graphics segment delivers a range of products, including GeForce GPUs designed for gaming and personal computers, the GeForce NOW game streaming platform, and infrastructure tailored for gaming. Additionally, NVIDIA offers Quadro/NVIDIA RTX GPUs aimed at enterprise-level graphics, virtual GPU software for cloud computing, automotive platforms for infotainment, and Omniverse software for crafting and managing metaverse and 3D internet applications. On Friday, shares of NVDA experienced an increase of $2.03 during midday trading, reaching $159.28, with a trading volume of 143,716,055 shares, significantly below its average volume of 268,139,289. The company boasts a fifty-day moving average of $136.38 and a two-hundred-day moving average of $127.84, with a twelve-month low of $86.62 and a high of $160.98. NVIDIA’s market capitalization stands at $3.89 trillion, featuring a price-to-earnings ratio of 51.38, a P/E/G ratio of 1.41, and a beta of 2.13. Its quick ratio is 2.96, the current ratio is 3.39, and the debt-to-equity ratio is 0.10.
Accenture (ACN)
Accenture plc operates as a global professional services company, providing a diverse array of strategy, consulting, and technology services. The firm specializes in application services, including agile transformation, DevOps, application modernization, enterprise architecture, and quality engineering, along with intelligent automation solutions encompassing robotic process automation and natural language processing. Moreover, Accenture’s offerings extend to data management, analytics, metaverse solutions, and sustainability services. On Friday, shares of NYSE:ACN climbed by $2.29, reaching $304.58, with a trading volume of 1,616,133 shares compared to its average volume of 2,902,190. The stock has a fifty-day simple moving average of $309.55 and a two-hundred-day simple moving average of $329.68. Accenture’s market capitalization is $190.76 billion, with a P/E ratio of 24.25, a PEG ratio of 2.86, and a beta of 1.29. The company has a debt-to-equity ratio of 0.16, and both its current and quick ratios stand at 1.46. Over the past year, the stock has seen a low of $273.19 and a high of $398.35.
Globant (GLOB)
Globant S.A., along with its subsidiaries, provides a range of technology services on a global scale. The company specializes in digital solutions, including blockchain, cloud technologies, cybersecurity, artificial intelligence, and Internet of Things applications, among others. Globant also offers enterprise technology solutions and services such as Agile organization, process optimization, and various technology solutions from leading platforms like AWS, Google Cloud, Microsoft, and SAP. On Friday, shares of NYSE GLOB rose by $1.13 to reach $92.36, with a trading volume of 345,103 shares, below its average volume of 729,269. The firm’s quick and current ratios are both 1.56, and the debt-to-equity ratio is 0.13. The market capitalization of Globant is approximately $4.07 billion, with a P/E ratio of 27.33, a P/E/G ratio of 2.83, and a beta of 1.20. The stock’s fifty-two-week low is $86.02, while its high stands at $238.32.
Everbright Digital (EDHL)
Everbright Digital operates as an integrated marketing solutions provider based in Hong Kong, focusing heavily on the metaverse and associated technologies. The company is dedicated to delivering comprehensive digital marketing services that cater to businesses at every stage of their growth. Through its all-encompassing service offerings, Everbright Digital generates revenue by providing customized marketing solutions tailored to the evolving landscape of new media. On Friday, shares of NASDAQ:EDHL increased by $0.11, reaching $6.14, with a trading volume of 3,916,613 shares, surpassing its average volume of 1,107,772. The company’s fifty-day moving average price is $4.75, with a twelve-month low of $3.51 and a high of $6.66.
SK Telecom (SKM)
SK Telecom Co., Ltd. is a prominent provider of wireless telecommunications services in South Korea. The company operates through three main segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers a variety of services, including wireless voice and data transmission, Internet of Things solutions, and metaverse platform-based services, along with the sale of wireless devices. On Friday, shares of NYSE:SKM declined by $0.21, trading at $23.58, with a volume of 198,520 shares, below the average of 315,632. The firm’s fifty-day simple moving average stands at $21.55, while its two-hundred-day simple moving average is $21.60. SK Telecom has a market capitalization of $9.29 billion, a P/E ratio of 9.74, a price-to-earnings-growth ratio of 2.47, and a beta of 0.64. The company’s twelve-month low is $19.84, and its high is $24.58, with a debt-to-equity ratio of 0.55, a quick ratio of 0.86, and a current ratio of 0.88.
