Short Term Outlook For Glu Mobile, Inc. (NASDAQ:GLUU)


Glu Mobile, Inc. (NASDAQ:GLUU) closed its last session at $3.8. The stock traded within a range of $3.65 and $3.81. The company operates in the Technology sector with a market capitalization of 501560. Trading volume for Glu Mobile, Inc. was 5.66 Million in its previous trading session. Currently, Glu Mobile, Inc. (NASDAQ:GLUU) has an average volume of 4.44 Million.

Company Profile

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, Harrah’s, 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.

Analyst Views

Glu Mobile, Inc. (NASDAQ:GLUU) received a Buy rating from 2 analysts. 0 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Glu Mobile, Inc. (NASDAQ:GLUU) touched its 1-Year High price of $4.95 on 12/14/17 and its 1-Year Low price of $1.85 on 03/07/17.

EPS & Financials

Glu Mobile, Inc. (NASDAQ:GLUU) reported its EPS in the last quarter as $0/Share beating the analyst estimate of $-0.03/Share by a difference of $0.03. This showed a surprise of 100% in the last quarter earnings.

For the current quarter, 5 analysts are projecting a mean EPS of $-0.03/share. According to their observations and findings, the stock could provide a high EPS of $-0.02/share and a low EPS of $-0.05/share.

Analysts believe that the company has the potential to earn average revenue of $77.81 Million for the current quarter. According to their predictions high & low revenue estimates are 80.4 Million and 76.6 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with LOW volatility. Glu Mobile, Inc. (NASDAQ:GLUU) has a 20-Day average volume of 3.99 Million. According to today’s trading volume Glu Mobile, Inc. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 1 Percent and Institutional ownership of 37.2 Percent. The return on assets stands at -23.2%, Return on Equity currently is -36.5% and the Return on Investment value is -33.7%.

Glu Mobile, Inc. (NASDAQ:GLUU) gross margin percentage stands at 58.5% while its operating margin for the past trailing twelve month is -30.2 percent and its overall profit margin (ttm) is -29.7 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -1.57% with a 50-Day Simple Moving Average of -4.4 percent. As of today, the company has a SMA200 (200-day simple moving average) of 18.02 Percent. The Stock has YTD (year to date) performance of 4.4 percent.

The TTM operating margin for the company stands at -30.2%. The return on invested capital is at -33.7%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 18.02%, and has a solid year to date (YTD) performance of 4.4% which means that the stock is constantly adding to its value from the previous fiscal year end price.