The Glimpse Group’s (VRAR) “Buy” Rating Reiterated at Westpark Capital

Westpark Capital reissued their buy rating on shares of The Glimpse Group (NASDAQ:VRAR) in a report released on Wednesday, Marketbeat reports. Westpark Capital currently has a $2.65 price target on the stock.

The Glimpse Group Stock Down 17.0 %

VRAR opened at $0.58 on Wednesday. The Glimpse Group has a 52 week low of $0.50 and a 52 week high of $1.73. The company has a market capitalization of $10.55 million, a P/E ratio of -1.35 and a beta of 2.02. The stock’s fifty day moving average is $0.72 and its two-hundred day moving average is $0.91.

The Glimpse Group (NASDAQ:VRAR) last issued its earnings results on Monday, September 30th. The company reported ($0.24) earnings per share (EPS) for the quarter. The business had revenue of $1.73 million for the quarter. The Glimpse Group had a negative return on equity of 45.29% and a negative net margin of 72.61%.

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.