Glu Mobile Inc. s in-depth stock price analysis indicates that the stock price has dropped -3.18% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -8.97% . Looking at the past 52 week period, the stock price is down -32.6% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Glu Mobile Inc. has a negative value of -31.21 compared to overall market performance. Glu Mobile Inc. (NASDAQ:GLUU) has tumbled 12.35% during the past week and has dropped 0.93% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 13.05%. Glu Mobile Inc. (NASDAQ:GLUU) has underperformed the index by 2.7% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Glu Mobile Inc. (NASDAQ:GLUU) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.05 points or 2.29% at $2.13 with 5,021,399 shares getting traded. Post opening the session at $2.17, the shares hit an intraday low of $2.11 and an intraday high of $2.19 and the price was in this range throughout the day. The company has a market cap of $284 million and the number of outstanding shares has been calculated to be 133,463,532 shares. The 52-week high of Glu Mobile Inc. (NASDAQ:GLUU) is $4 and the 52-week low is $1.73.
Glu Mobile Last issued its quarterly earnings results on Nov 3, 2016. The company reported $-0.33 EPS for the quarter, missing the analyst consensus estimate by $ -0.30. Analyst had a consensus of $-0.03. The company had revenue of $51.40 million for the quarter, compared to analysts expectations of $51.06 million. The companys revenue was down -18.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.06 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Glu Mobile was Upgraded by ROTH Capital to Buy on Feb 6, 2017. Glu Mobile was Initiated by Mizuho on Dec 23, 2016 to Neutral, Price Target of the shares are set at $2.30.
Company has reported several Insider transactions to the SEC, on Nov 21, 2016, Masi Niccolo De (Executive Chairman) purchased 20,000 shares at 2.07 per share price.On Nov 21, 2016, Nicholas Earl (CEO) purchased 100,000 shares at 2.09 per share price.On Aug 31, 2016, Eric R Ludwig (EVP, COO and CFO) sold 26,119 shares at 2.32 per share price.
GLU MOBILE INC., is a leading global publisher of mobile games. 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, Harrahs, Hasbro, Warner Bros., Microsoft, PlayFirst, PopCap Games, SEGA and Sony. Glu is based in San Mateo, Calif. and has offices in London, France, Germany, Spain, Italy, Sweden, Poland, Russia, Hong Kong, China, Brazil, Chile, Canada and San Clemente, Calif.