Glu Mobile Inc (NASDAQ:GLUU) shares traded -2.83% down during most recent session to reach at the closing price of $2.75. The stock exchanged hands 5.09 Million shares versus average trading capacity of 4.08 Million shares, yielding a market cap of $354.28 Million. Wall Street analysts covering the stock are projecting that the stock will reach $2.87 within the next 52-weeks. The mean target projections are based on 7 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Glu Mobile Inc (NASDAQ:GLUU) high price target of $3.75 and with a conservative view have low price target of $2.24.
Roth Capital “Upgrades” Glu Mobile Inc (NASDAQ:GLUU) in a research note issued to investors on 2/06/17 to Buy with price target of $0.
Additionally on 12/23/16 Mizuho “Initiates Coverage On” Glu Mobile Inc (NASDAQ:GLUU) to Neutral setting price target at $2.3 and on 8/03/16 Northland Securities “Downgrades” the stock to Market Perform. Furthermore on 5/04/16 Roth Capital “Downgrades” the stock to Neutral at $2.5.
On the other hand the company has Relative Strength Index (RSI 14) of 60.62 along with Average True Range (ATR 14) of 0.1, Consequently Glu Mobile Inc (NASDAQ:GLUU)’s weekly and monthly volatility is 5.04%, 3.38% respectively. The company’s beta value is at 1.99.
In terms of Buy, Sell or Hold recommendations, Glu Mobile Inc (NASDAQ:GLUU) has analysts’ mean recommendation of 2.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Glu Mobile Inc (NASDAQ:GLUU)’s minimum EPS for the current quarter is at $-0.13 and can go high up to $-0.09. The consensus mean EPS for the current quarter is at $-0.1 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.03 earnings per share for the same quarter during last year.
Previously Glu Mobile Inc (NASDAQ:GLUU) reported $-0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.07 by $0.06. The company posted an earnings surprise of 85.7%.
Glu Mobile Inc (NASDAQ:GLUU)’s revenue estimates for the current quarter are $72.06 Million according to 7 number of analysts, for the current quarter the company has high revenue estimates of $73 Million in contradiction of low revenue estimates of $71 Million. For the current year the company’s revenue estimates are $286.01 Million compared to low analyst estimates of $279 Million and high estimates of $289.3 Million according to 7 number of analysts.
Currently Glu Mobile Inc (NASDAQ:GLUU)’s shares owned by insiders are 1.2%, whereas shares owned by institutional owners are 31.6%. However the six-month change in the insider ownership was recorded -19.09%, as well as three-month change in the institutional ownership was recorded 0.35%.
Glu Mobile Inc (NASDAQ:GLUU) 52-week high price stands at $2.88 and low price stands at $1.73, its price distance from 52-week high is -4.35% while its distance from 52-week low price is 58.96%. The stock hit its 52-week high on 07/26/17, and 52-week low on 11/04/16.
Glu Mobile Inc (NASDAQ:GLUU)’s trailing twelve month revenues are $202.8 Million, whereas its price to sales ratio for the same period is 1.75. Its book value per share for the most recent quarter is $1.59 while its price to book ratio for the same period is 1.73, as for as the company’s cash per share for the most recent quarter is $0.57, however its price to cash per share ratio for the same period is 4.84. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.