Cross Staff Investments Inc Boosts Position in The Glimpse Group, Inc. (NASDAQ:VRAR)

Cross Staff Investments Inc boosted its stake in The Glimpse Group, Inc. (NASDAQ:VRAR) by 800.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 180,000 shares of the company’s stock after purchasing an additional 160,000 shares during the quarter. Cross Staff Investments Inc’s holdings in The Glimpse Group were worth $203,000 at the end of the most recent quarter.

Separately, NorthRock Partners LLC lifted its stake in shares of The Glimpse Group by 93.5% in the 3rd quarter. NorthRock Partners LLC now owns 193,478 shares of the company’s stock worth $356,000 after purchasing an additional 93,478 shares during the period. Institutional investors and hedge funds own 21.41% of the company’s stock.

The Glimpse Group Trading Up 3.6 %

VRAR stock traded up $0.04 during midday trading on Friday, reaching $1.15. 7,925 shares of the company’s stock traded hands, compared to its average volume of 49,948. The Glimpse Group, Inc. has a 52-week low of $0.86 and a 52-week high of $6.00. The stock’s 50-day moving average is $1.28 and its 200 day moving average is $1.24. The stock has a market cap of $19.32 million, a P/E ratio of -0.62 and a beta of 2.22.

The Glimpse Group (NASDAQ:VRAR) last issued its quarterly earnings results on Wednesday, February 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $2.08 million during the quarter. The Glimpse Group had a negative return on equity of 146.76% and a negative net margin of 215.51%.

The Glimpse Group 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.