Promising Metaverse Stocks To Watch Now – June 2nd

NVIDIA, Accenture, Globant, SK Telecom, and Super League Enterprise are the five Metaverse stocks to watch today, according to MarketBeat’s stock screener tool. Metaverse stocks are shares in companies that create, enable or monetize immersive virtual environments and augmented-reality experiences—from makers of VR/AR hardware and 3D software platforms to blockchain-based digital-asset marketplaces. Investors buy these equities to gain exposure to the growth potential of persistent online worlds where users work, play, socialize and transact. 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.

Shares of NVIDIA stock traded up $2.40 during mid-day trading on Monday, hitting $137.53. 106,738,881 shares of the stock were exchanged, compared to its average volume of 277,265,438. NVIDIA has a 12 month low of $86.62 and a 12 month high of $153.13. The company has a 50-day simple moving average of $115.48 and a 200 day simple moving average of $126.24. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. The company has a market capitalization of $3.36 trillion, a P/E ratio of 54.14, a P/E/G ratio of 1.76 and a beta of 2.11.

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.

NYSE ACN traded down $3.70 during trading on Monday, hitting $313.12. 943,110 shares of the company’s stock traded hands, compared to its average volume of 2,964,816. The business has a 50 day moving average of $302.63 and a 200-day moving average of $338.35. The stock has a market capitalization of $196.12 billion, a price-to-earnings ratio of 26.30, a PEG ratio of 3.23 and a beta of 1.35. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.47 and a current ratio of 1.47. Accenture has a 12-month low of $275.01 and a 12-month high of $398.35.

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.

NYSE GLOB traded down $3.20 during trading on Monday, reaching $94.89. The company’s stock had a trading volume of 719,361 shares, compared to its average volume of 696,049. Globant has a one year low of $88.03 and a one year high of $238.32. The firm has a fifty day moving average of $112.65 and a 200 day moving average of $168.30. The stock has a market capitalization of $4.18 billion, a PE ratio of 25.50, a P/E/G ratio of 2.38 and a beta of 1.37.

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.

Shares of SKM traded up $0.04 during trading hours on Monday, hitting $20.58. The company had a trading volume of 182,044 shares, compared to its average volume of 289,544. The company has a quick ratio of 0.88, a current ratio of 0.91 and a debt-to-equity ratio of 0.48. SK Telecom has a 52-week low of $19.84 and a 52-week high of $24.58. The stock’s 50 day moving average price is $21.30 and its 200 day moving average price is $21.67. The firm has a market cap of $8.10 billion, a P/E ratio of 8.40, a P/E/G ratio of 1.27 and a beta of 0.63.

Super League Enterprise (SLE)

Super League Enterprise, Inc. creates and publishes content and media solutions across immersive platforms in the United States and internationally. The company offers access to audiences who gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create. It also provides a range of development, distribution, monetization, and optimization capabilities designed to engage users through dynamic and energized programs.

SLE stock traded down $0.03 during trading on Monday, reaching $0.16. The company had a trading volume of 17,580,207 shares, compared to its average volume of 2,646,866. The company has a market cap of $3.03 million, a P/E ratio of -0.03 and a beta of 2.06. The business has a 50 day moving average of $0.25 and a 200 day moving average of $0.44. Super League Enterprise has a 52 week low of $0.13 and a 52 week high of $1.64.