The Glimpse Group (NASDAQ:VRAR) Stock Price Down 2.5% – Should You Sell?

The Glimpse Group, Inc. (NASDAQ:VRAR) shares fell 2.5% on Wednesday . The company traded as low as $0.64 and last traded at $0.66. 26,170 shares changed hands during trading, a decline of 55% from the average session volume of 58,454 shares. The stock had previously closed at $0.68.

The Glimpse Group Trading Down 4.5 %

The firm has a market capitalization of $11.61 million, a P/E ratio of -0.42 and a beta of 2.03. The company has a 50-day moving average of $0.81 and a 200-day moving average of $0.98.

Institutional Investors Weigh In On The Glimpse Group

An institutional investor recently raised its position in The Glimpse Group stock. NorthRock Partners LLC lifted its stake in shares of The Glimpse Group, Inc. (NASDAQ:VRAR) by 100.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 200,000 shares of the company’s stock after purchasing an additional 100,000 shares during the quarter. NorthRock Partners LLC owned 1.19% of The Glimpse Group worth $224,000 as of its most recent SEC filing. Institutional investors own 21.41% of the company’s stock.

The Glimpse Group Company Profile

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.