Glu Mobile now has a consensus rating of "Hold" and an average price target of $4.01.
Total debt to equity ratio of Neptune Tech (NASDAQ:NEPT) for most recent quarter is 0 whereas long term debt to equity ratio for most recent quarter is 0. Glu Mobile has a twelve month low of $1.85 and a twelve month high of $4.95.
According to Zacks, "GLU MOBILE INC., is a leading global publisher of mobile games". (NASDAQ:GLUU) news were published by: Livetradingnews.com which released: "Glu Mobile Inc (NASDAQ:GLUU) Bulls in Favor" on February 14, 2018, also Seekingalpha.com with their article: "Analyzing The Future Prospects From Glu Mobile's Great UA Experiment" published on February 01, 2018, Seekingalpha.com published: "Glu Mobile: Don't Miss Out" on February 20, 2018. ValuEngine raised shares of Glu Mobile from a "sell" rating to a "hold" rating in a research note on Thursday. Wall Street analysts covering the stock are projecting that the stock will reach $5.1 within the next 52-weeks. Teacher Retirement System of Texas bought a new position in shares of Glu Mobile in the 4th quarter valued at $139,000. BidaskClub cut shares of Glu Mobile from a "hold" rating to a "sell" rating in a research report on Thursday, January 25th.
Currently Glu Mobile Inc (NASDAQ:GLUU)'s shares owned by insiders are 1%, whereas shares owned by institutional owners are 43.1%. Goldman Sachs Group Inc. now owns 54,822 shares of the company's stock worth $137,000 after purchasing an additional 7,131 shares during the last quarter. Wedbush set a $5.00 target price on shares of Glu Mobile and gave the stock a "hold" rating in a research note on Friday, February 9th. Stifel Nicolaus restated a "buy" rating and issued a $4.50 price objective (up previously from $3.30) on shares of Glu Mobile in a research note on Tuesday, October 31st. Voya Investment Management LLC increased its stake in shares of Glu Mobile by 19.2% in the 2nd quarter. On Tuesday, November 15 the stock rating was downgraded by Standpoint Research to "Hold". The Investec Asset Management Ltd holds 2.60M shares with $155.14 million value, down from 4.30M last quarter.
In related news, VP Gordon S. Lee sold 7,074 shares of the business's stock in a transaction on Monday, February 26th. 2,258 were accumulated by Sanctuary Wealth Advisors Ltd. Tower Research Capital Ltd Liability Company (Trc) accumulated 27,010 shares or 0.01% of the stock. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of Glu Mobile Inc. Insiders own 5.60% of the company's stock. Its book value per share for the most recent quarter is $1.36 while its price to book ratio for the same period is 2.75, as for as the company's cash per share for the most recent quarter is $0.46, however its price to cash per share ratio for the same period is 8.19.
TRADEMARK VIOLATION WARNING: "Spark Investment Management LLC Takes Position in Glu Mobile Inc". (NASDAQ:GLUU). 9,287 are owned by Ameritas Inv Prns. If you are accessing this article on another domain, it was illegally stolen and republished in violation of United States and worldwide trademark and copyright laws.
Glu Mobile (NASDAQ:GLUU) traded up $0.06 during trading hours on Friday, hitting $3.80.
Glu Mobile Inc. develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. The Company develops and publishes a portfolio of mobile games created to appeal to a cross section of the users of smartphones and tablet devices.
Want to see what other hedge funds are holding GLUU? Its portfolio of mobile games is spread across various genres, including Fashion and Celebrity, Food, Sports and Action, Social Networking and Home.