Glu Mobile Ord Shs (GLUU)
$9.67 0.31 (3.11%)
19:48 EDT GLUU Stock Quote Delayed 30 Minutes
Previous Close $9.67
Market Cap 1.35B
PE Ratio -16.12
Volume (Avg. Vol.) 5.48M
Day's Range 9.63 - 10.22
52-Week Range 3.98 - 10.72
Dividend & Yield N/A (N/A)
GLUU Stock Predictions, Articles, and Glu Mobile Ord Shs News
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Glu Mobile (GLUU) reported its quarterly earnings results after the bell today, bringing in sales that gained more than 15%, lifting shares.
GLUU stock has moved higher on its user base and financials, but the GLUU's future will continue to hinge on keeping gamers on the platform.
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Strong cost controls despite accelerating revenue growth are propelling shares of Zynga stock to new highs.
The quarterly report changes none of the fundamentals for GLUU stock, but with its dependence on just a few games, GLUU remains risky.
Glu Mobile earnings (GLUU) came in at three cents per share on an adjusted basis, missing expectations and sending GLUU stock sinking Monday.
GLUU stock has come very far, very fast, but underlying trends in the mobile video game market remain unfavorable.
GLUU stock has already doubled recently. To keep rising, it will have to build on the recent momentum - simply turning a marginal operating profit isn't enough to support the $6 share price.
These strong buy stocks are all currently trading for under $10, but they also have substantial Street support right now.
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