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

Westpark Capital reissued their buy rating on shares of The Glimpse Group (NASDAQ:VRAR) in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a $4.67 price target on the stock.

The Glimpse Group Price Performance

The Glimpse Group stock opened at $1.74 on Friday. The Glimpse Group has a fifty-two week low of $0.50 and a fifty-two week high of $7.00. The stock’s fifty day moving average is $2.13 and its two-hundred day moving average is $1.24.

Institutional Trading of The Glimpse Group

Large investors have recently bought and sold shares of the company. Bleakley Financial Group LLC acquired a new stake in The Glimpse Group in the fourth quarter valued at $125,000. Jane Street Group LLC purchased a new stake in shares of The Glimpse Group in the fourth quarter valued at $339,000. Geode Capital Management LLC lifted its position in shares of The Glimpse Group by 22.2% in the fourth quarter. Geode Capital Management LLC now owns 156,896 shares of the company’s stock valued at $388,000 after acquiring an additional 28,555 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of The Glimpse Group in the fourth quarter valued at $144,000. Institutional investors and hedge funds own 21.41% of the company’s stock.

About The Glimpse Group

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.