Media headlines about Glu Mobile (NASDAQ:GLUU) have trended somewhat positive on Tuesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Glu Mobile earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.7075603190092 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Glu Mobile (GLUU) Upgraded at ValuEngine (americanbankingnews.com)
- Glu Mobile (GLUU) Upgraded to Buy at BidaskClub (americanbankingnews.com)
- BidaskClub Upgrades Glu Mobile (GLUU) to “Strong-Buy” (americanbankingnews.com)
- Don’t Be Fooled by Glu Mobile’s Recent Rise (msn.com)
- Don't Be Fooled by Glu Mobile's Recent Rise (finance.yahoo.com)
NASDAQ:GLUU traded up $0.12 on Tuesday, reaching $4.29. 1,043,825 shares of the stock traded hands, compared to its average volume of 2,156,989. The company has a market capitalization of $555.19, a PE ratio of -8.41, a P/E/G ratio of 79.60 and a beta of 1.37. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.04 and a current ratio of 1.04. Glu Mobile has a 1-year low of $2.23 and a 1-year high of $4.95.
GLUU has been the subject of several recent research reports. BidaskClub raised Glu Mobile from a “hold” rating to a “buy” rating in a research note on Tuesday. Stifel Nicolaus reaffirmed a “buy” rating and issued a $4.75 price objective on shares of Glu Mobile in a research note on Friday, February 9th. ValuEngine raised Glu Mobile from a “sell” rating to a “hold” rating in a research note on Tuesday. Zacks Investment Research raised Glu Mobile from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 15th. Finally, Wedbush set a $5.00 price objective on Glu Mobile and gave the company a “hold” rating in a research note on Friday, February 9th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $4.01.
In other Glu Mobile news, VP Gordon S. Lee sold 7,074 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $3.90, for a total transaction of $27,588.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 5.60% of the company’s stock.
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About Glu Mobile
Glu Mobile Inc develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. The company publishes titles in four genres, including home décor, sports and action, fashion and celebrity, and time management. It creates games based on its own brands, including Contract Killer, Cooking Dash, Covet Fashion, Deer Hunter, Design Home, and QuizUp.
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