Stock To Watch: Glu Mobile Inc. (NASDAQ:GLUU)


The leading market experts have placed a mean price target of $3.17 on Glu Mobile Inc. (NASDAQ:GLUU) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $-0.04 a share for the upcoming quarter and $-0.14 for the current fiscal. Technical View The technical analysis of Glu Mobile Inc. plainly substantiates that the 50-day moving average of Glu Mobile Inc. is $2.34, and stock is hovering -0.09 or -3.75% distant from $2.34. It is noted that the 200-day MA is $2.68, and Glu Mobile Inc. stock is $-0.43 or -16.16% off from this point. Glu Mobile Inc. (NASDAQ:GLUU) 52-week high is $6.49 and the 52-week low is $1.98. This explains if the stock moves $-4.24, it will post a 52-week high. In event of $+13.64% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Glu Mobile Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Glu Mobile Inc. (NASDAQ:GLUU) ratio came in at N/A. The stock last ended the trading session at $2.25 and registered a market cap of $297.70M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Glu Mobile Inc. (NASDAQ:GLUU) PEG ratio is at -1.14.

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