Glu Mobile (GLUU) Receiving Somewhat Positive Media Coverage, Report Finds

News headlines about Glu Mobile (NASDAQ:GLUU) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Glu Mobile earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.2432419089354 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news headlines that may have effected Accern’s scoring:

A number of equities research analysts have recently commented on GLUU shares. BidaskClub upgraded Glu Mobile from a “hold” rating to a “buy” rating in a research note on Thursday, December 7th. Zacks Investment Research cut Glu Mobile from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. ValuEngine cut Glu Mobile from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Stifel Nicolaus reiterated a “buy” rating and set a $4.75 target price on shares of Glu Mobile in a research note on Friday, February 9th. Finally, Wedbush set a $5.00 target price on Glu Mobile and gave the stock a “hold” rating in a research note on Friday, February 9th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $4.01.

Shares of Glu Mobile (NASDAQ:GLUU) traded down $0.12 on Tuesday, reaching $3.87. The company had a trading volume of 727,050 shares, compared to its average volume of 2,417,034. Glu Mobile has a 52 week low of $2.00 and a 52 week high of $4.95. The stock has a market cap of $560.77, a price-to-earnings ratio of -5.39, a P/E/G ratio of 80.40 and a beta of 1.56. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.03.

In related news, VP Gordon S. Lee sold 7,074 shares of Glu Mobile stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $3.90, for a total value of $27,588.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 5.60% of the company’s stock.

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Glu Mobile Company Profile

Glu Mobile Inc develops, publishes and markets a portfolio of mobile games. The Company develops and publishes a portfolio of mobile games designed to appeal to a cross section of the users of smartphones and tablet devices. Its portfolio of mobile games is spread across various genres, including Fashion and Celebrity, Food, Sports and Action, Social Networking and Home.

Insider Buying and Selling by Quarter for Glu Mobile (NASDAQ:GLUU)

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