Glu Mobile Inc (GLUU)
$5.48 0.05 (0.90%)
9:53 EDT GLUU Stock Quote Delayed 15 Minutes
Previous Close $5.53
Market Cap 765.34M
PE Ratio -9.13
Volume (Avg. Vol.) 283,856
Day's Range 5.42 - 5.53
52-Week Range 4.11 - 11.75
Dividend & Yield N/A (N/A)
GLUU Stock Predictions, Articles, and Glu Mobile Inc News
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Snap, Tesla, MongoDB, Glu Mobile and At Home are our top stock trades for Friday. Check out the charts now.
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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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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GLUU stock has seen a massive move higher, but for GLUU stock to keep going up it will need to level up on R&D to find new hit games.
GLUU stock has a much-anticipated Q1 earnings report ahead, but the results aren’t what drives sentiment for this company.
Glu Mobile is facing secular declines in mobile gaming, meaning more sideways trading. GLUU stock is going anywhere anytime soon.
Is this time finally different for Glu Mobile? Glu Mobile stock has rallied over the past year - but after fourth-quarter earnings, GLUU still has a lot to prove. Glu Mobile is struggling to produce the hit games it needs, but investors who don't mind the risk may see the value in Glu Mobile stock.
Glu stock has struggled lately, and those struggles will likely persist given headwinds in the mobile gaming market.
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