As of the latest earnings report the EPS was $-0.80 and is estimated to be $-0.09 for the current year with 135,065,000 shares outstanding.
12/28/2015 - Glu Mobile Inc. had its "buy" rating reiterated by analysts at Craig-Hallum.
Sell-side analysts also have something to say about this GLUU. Cowen and Company restated an "outperform" rating and set a $3.00 target price on shares of Glu Mobile in a research report on Thursday, May 4th.
8/2/2017 - Glu Mobile had its "hold" rating reaffirmed by analysts at Wedbush. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. Four research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Glu Mobile has an average rating of "Buy" and a consensus target price of $3.03.
05/04/2017 - Glu Mobile Inc. had its "neutral" rating reiterated by analysts at Mizuho. (NASDAQ:GLUU). 11,000 were reported by Stratos Wealth Ptnrs Ltd. Jacobs Levy Equity Management, a New Jersey-based fund reported 217,931 shares. If you are viewing this report on another publication, it was copied illegally and reposted in violation of worldwide copyright & trademark legislation. The original version of this article can be viewed at https://sportsperspectives.com/2017/08/09/glu-mobile-inc-gluu-given-a-4-00-price-target-at-roth-capital-updated.html.
On the other hand Glu Mobile Inc (NASDAQ:GLUU) has Relative Strength Index (RSI 14) of 79.72 along with Average True Range (ATR 14) of 0.12. The firm's market capitalization is $422.75 million.
Glu Mobile Inc. (GLUU) now has the company's industry has 35.73 P/E and the sector P/E is 19.32.
Several hedge funds and other institutional investors have recently made changes to their positions in GLUU. As of the end of the quarter Principal Financial Group Inc had bought 8,940 shares growing its position 81.5%. American International Group Inc. now owns 63,380 shares of the company's stock worth $144,000 after buying an additional 4,196 shares in the last quarter. State Street Corp increased its position in shares of Glu Mobile by 2.4% in the fourth quarter. However, the volume average of the last three months is 3.94 million shares. The value of the total investment in Glu Mobile Inc. increased from $293,000 to $313,000 increasing 6.8% since the last quarter. KCG Holdings Inc. now owns 382,508 shares of the company's stock valued at $868,000 after buying an additional 264,471 shares during the period. Finally, Bank of Montreal Can raised its stake in Glu Mobile by 113.6% in the second quarter.
Last time, the company shocked Wall Street by reporting EPS of $-0.04, smashing the consensus of $-0.10 per share.
In related news, insider Masi Niccolo De sold 339,648 shares of the stock in a transaction on Thursday, June 8th. The share price has moved forward from its 20 days moving average, trading at a distance of 14.38% and stays 18.7% away from its 50 days moving average. Following the completion of the transaction, the insider now directly owns 537,228 shares in the company, valued at approximately $1,391,420.52. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Similarly, the company's last 5 years high P/E ratio is 46.39 and low P/E is 46.39, whereas, the industry's and sector's high P/E for the past year is 72.38 and 24.91 respectively and low P/E ratio for the last 5 years is 21.53 for the industry and 10.24 for the Sector.
For the current quarter Glu Mobile Inc (NASDAQ:GLUU) has high EPS estimates of $-0.02 in contradiction of low EPS estimates of $-0.04.