NASDAQ:GLUU - Glu Mobile Stock Price, News & Analysis

Glu Mobile trades on the NASDAQ under the ticker symbol "GLUU."

Glu Mobile Inc. (NASDAQ:GLUU) issued its quarterly earnings data on Thursday, August, 1st. The company reported $0.02 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.01. The firm earned $101.90 million during the quarter, compared to analyst estimates of $100.93 million. Glu Mobile had a return on equity of 3.39% and a net margin of 0.41%. The company's revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the previous year, the company posted ($0.03) EPS. View Glu Mobile's Earnings History.

Glu Mobile is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Glu Mobile.

6 brokers have issued 12 month price targets for Glu Mobile's stock. Their predictions range from $7.00 to $12.00. On average, they expect Glu Mobile's stock price to reach $8.90 in the next year. This suggests a possible upside of 99.6% from the stock's current price. View Analyst Price Targets for Glu Mobile.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glu Mobile in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Glu Mobile.

Headlines about GLUU stock have trended positive on Friday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Glu Mobile earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days. View News Stories for Glu Mobile.

Glu Mobile saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 14,093,100 shares, an increase of 61.0% from the June 30th total of 8,753,900 shares. Based on an average daily volume of 3,130,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 12.5% of the company's shares are short sold. View Glu Mobile's Current Options Chain.

Some companies that are related to Glu Mobile include Endava (DAVA), Sogou (SOGO), Perficient (PRFT), Virtusa (VRTU), Formula Systems (1985) (FORTY), Monotype Imaging (TYPE), AGM Group (AGMH), PDF Solutions (PDFS), Synchronoss Technologies (SNCR), Computer Programs & Systems (CPSI), Perion Network (PERI), Bright Mountain Media (BMTM), Innovative Solutions & Support (ISSC), RealNetworks (RNWK) and Computer Task Group (CTG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Glu Mobile investors own include Bank of America (BAC), Micron Technology (MU), Intelsat (I), Zynga (ZNGA), Advanced Micro Devices (AMD), Fossil Group (FOSL), Ciena (CIEN), Cypress Semiconductor (CY), Intel (INTC) and Associated British Foods (ABF).

Glu Mobile's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.77%), BlackRock Inc. (5.42%), Highline Capital Management L.P. (2.14%), JPMorgan Chase & Co. (2.12%), Emerald Advisers LLC (1.88%) and Emerald Mutual Fund Advisers Trust (1.72%). Company insiders that own Glu Mobile stock include Ann Mather, Benjamin T Iv Smith, Chris Akhavan, Eric R Ball, Eric R Ludwig, Gordon S Lee, Greg Brandeau, Hany Nada, Holdings Ltd Tencent, Masi Niccolo De and Scott Leichtner. View Institutional Ownership Trends for Glu Mobile.

GLUU stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Renaissance Technologies LLC, Columbus Circle Investors, Morgan Stanley, Cubist Systematic Strategies LLC, Parametric Portfolio Associates LLC, Bank of New York Mellon Corp and Alambic Investment Management L.P.. Company insiders that have sold Glu Mobile company stock in the last year include Ann Mather, Benjamin T Iv Smith, Chris Akhavan, Eric R Ludwig, Greg Brandeau, Hany Nada, Holdings Ltd Tencent and Masi Niccolo De. View Insider Buying and Selling for Glu Mobile.

GLUU stock was purchased by a variety of institutional investors in the last quarter, including Highline Capital Management L.P., Nuveen Asset Management LLC, UBS Asset Management Americas Inc., Acadian Asset Management LLC, Marshall Wace LLP, AQR Capital Management LLC, State of New Jersey Common Pension Fund D and Vanguard Group Inc.. View Insider Buying and Selling for Glu Mobile.

Shares of GLUU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of GLUU stock can currently be purchased for approximately $4.46.

Glu Mobile has a market capitalization of $650.62 million and generates $366.56 million in revenue each year. The company earns $-13,200,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis. Glu Mobile employs 659 workers across the globe.View Additional Information About Glu Mobile.

The official website for Glu Mobile is http://www.glu.com/.

Glu Mobile's mailing address is 875 Howard Street Suite 100, San Francisco CA, 94103. The company can be reached via phone at 415-800-6100 or via email at [email protected]