The Glimpse Group (NASDAQ:VRAR) Earns Buy Rating from Westpark Capital

Westpark Capital restated their buy rating on shares of The Glimpse Group (NASDAQ:VRAR) in a research report report published on Tuesday morning,Benzinga reports. Westpark Capital currently has a $4.67 target price on the stock.

The Glimpse Group Stock Down 3.5 %

NASDAQ:VRAR opened at $3.30 on Tuesday. The firm has a market capitalization of $59.97 million, a P/E ratio of -7.67 and a beta of 1.98. The Glimpse Group has a 52 week low of $0.50 and a 52 week high of $7.00. The company has a fifty day moving average of $1.15 and a 200 day moving average of $0.98.

The Glimpse Group (NASDAQ:VRAR) last posted its earnings results on Monday, September 30th. The company reported ($0.24) earnings per share for the quarter. The Glimpse Group had a negative return on equity of 55.72% and a negative net margin of 89.57%. The firm had revenue of $1.73 million for the quarter.

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.