A look at Glimpse Group Inc’s (VRAR) recent performance gives investors their first glimpse of hope.

Glimpse Group Inc (NASDAQ: VRAR) kicked off on Monday, up 25.27% from the previous trading day, before settling in for the closing price of $0.70. Over the past 52 weeks, VRAR has traded in a range of $0.50-$1.73.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 67.39%. While this was happening, its average annual earnings per share was recorded 63.16%. With a float of $13.14 million, this company’s outstanding shares have now reached $18.17 million.

Considering the fact that the conglomerate employs 112 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 68.46%, operating margin of -95.51%, and the pretax margin is -12462978.12%.

Glimpse Group Inc (VRAR) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Glimpse Group Inc is 27.67%, while institutional ownership is 13.16%.

Glimpse Group Inc (VRAR) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.04 earnings per share (EPS), higher than consensus estimate (set at -0.13) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 63.16% per share during the next fiscal year.

Glimpse Group Inc (NASDAQ: VRAR) Trading Performance Indicators

Take a look at Glimpse Group Inc’s (VRAR) current performance indicators. Last quarter, stock had a quick ratio of 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.41, a number that is poised to hit -0.04 in the next quarter

Technical Analysis of Glimpse Group Inc (VRAR)

Compared to the last year’s volume of 62922.0, its volume of 0.3 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 62.45%. Additionally, its Average True Range was 0.09.

During the past 100 days, Glimpse Group Inc’s (VRAR) raw stochastic average was set at 68.36%, which indicates a significant decrease from 79.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 146.29% in the past 14 days, which was higher than the 90.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.6950, while its 200-day Moving Average is $0.9874. Nevertheless, the first resistance level for the watch stands at $1.0013 in the near term. At $1.1257, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2763. If the price goes on to break the first support level at $0.7263, it is likely to go to the next support level at $0.5757. Should the price break the second support level, the third support level stands at $0.4513.

Glimpse Group Inc (NASDAQ: VRAR) Key Stats

The company with the Market Capitalisation of 16.00 million has total of 18,174K Shares Outstanding. Its annual sales at the moment are 8,800 K in contrast with the sum of -6,390 K annual income. Company’s last quarter sales were recorded 2,440 K and last quarter income was -1,010 K.