Glu Mobile, Inc. (GLUU) - Hot Stock Assessment

Cornelia Mascio
Settembre 22, 2017

Digging deeping into the Glu Mobile Inc (GLUU) 's technical indicators, we note that the Williams Percent Range or 14 day Williams %R now sits at -32.61. Its portfolio of top-rated games includes original titles Super K.O. Boxing!, Stranded and Brain Genius, and titles based on major brands from partners including Atari, Activision, Konami, Harrah's, Hasbro, Warner Bros., Microsoft, PlayFirst, PopCap Games, SEGA and Sony. Out of rating recommendations 5 have given the stock a Buy while 9 recommend the stock as Outperform. Roth Capital set a $4.00 target price on Glu Mobile and gave the company a buy rating in a research report on Wednesday, May 24th. (NASDAQ:GLUU) shares saw light trading volume with 92K shares changing hands by the end of trading on Thursday.

02/05/2015 - Glu Mobile Inc. had its "strong buy" rating reiterated by analysts at Needham & Company. The company presently has a consensus rating of Buy and a consensus target price of $3.17.

Glu Mobile (NASDAQ:GLUU) traded down 1.59% during midday trading on Wednesday, hitting $3.72. A low price-to-sales ratio, typically less than 1.0, is considered a good value. Fisher Asset Mgmt Ltd Liability invested in 226,417 shares or 0% of the stock. Currently, the 200-day MA is sitting at 2.53, and the 50-day is 3.18. The 1-year high was reported on Sep, 19 by Barchart.com. Two such indicators are the RSI (Relative Strength Index) and the Stochastic %k Oscillator, which fluctuate on a scale of 0 to 100.

Several other research analysts have also issued reports on GLUU. If you are reading this report on another domain, it was stolen and republished in violation of worldwide copyright law.

The consensus recommendation, according to Zacks Investment research, is 1.8. ValuEngine raised Glu Mobile from a "sell" rating to a "hold" rating in a research report on Friday, August 18th. Stock's distance from 52 week High is -1.32% and the distance from 52 week Low is 116.18%. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Eric R. Ludwig sold 49,000 shares of the company's stock in a transaction dated Tuesday, August 15th.

GLUU is now overvalued by 19.62% relative to the average 1-year price target of $3.16 taken from a group of Wall Street Analysts. The disclosure for this sale can be found here. Following the completion of the transaction, the chief operating officer now owns 68,250 shares of the company's stock, valued at approximately $212,940.

Hedge funds and other institutional investors have recently bought and sold shares of the stock.

Needle moving action has been spotted in Avis Budget Group Inc (CAR) as shares are moving today on volatility 0.11% or 0.04 from the open. Nationwide Fund Advisors now owns 147,079 shares of the company's stock worth $334,000 after purchasing an additional 60,168 shares in the last quarter. Creative Planning lifted its position in shares of Glu Mobile by 1.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 54,822 shares of the company's stock worth $137,000 after buying an additional 7,131 shares during the last quarter. The value of the total investment in Glu Mobile Inc. increased from $421,000 to $1,458,000 a change of $1,037,000 since the last quarter.

05/04/2017 - Glu Mobile Inc. had its "neutral" rating reiterated by analysts at Mizuho. KCG Holdings Inc. now owns 382,508 shares of the company's stock worth $868,000 after purchasing an additional 264,471 shares during the last quarter. Parallax Volatility Advisers, L.p. claims 750,000 shares worth $1,875,000.

Glu Mobile Inc develops, publishes and markets a portfolio of mobile games. The Firm develops and publishes a portfolio of mobile games created to appeal to a cross section of the users of smartphones and tablet devices.

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