The Glimpse Group’s (VRAR) Buy Rating Reaffirmed at Westpark Capital

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

The Glimpse Group Price Performance

Shares of VRAR stock opened at $3.42 on Tuesday. The company has a market cap of $62.16 million, a price-to-earnings ratio of -7.95 and a beta of 1.98. The Glimpse Group has a 1 year low of $0.50 and a 1 year high of $7.00. The firm has a fifty day moving average price of $0.99 and a 200-day moving average price of $0.93.

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

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.