$-0.06 EPS Expected for Glu Mobile Inc. (GLUU)

January 14, 2018 - By Clifton Ray

 $ 0.06 EPS Expected for Glu Mobile Inc. (GLUU)
Investors sentiment decreased to 1.36 in Q3 2017. Its down 0.20, from 1.56 in 2017Q2. It is negative, as 8 investors sold Glu Mobile Inc. shares while 25 reduced holdings. 15 funds opened positions while 30 raised stakes. 44.73 million shares or 5.36% more from 42.45 million shares in 2017Q2 were reported.
Citigroup stated it has 1,195 shares. Ubs Oconnor Lc holds 0.04% of its portfolio in Glu Mobile Inc. (NASDAQ:GLUU) for 439,245 shares. D E Shaw Incorporated has invested 0.02% in Glu Mobile Inc. (NASDAQ:GLUU). Peak6 Invests Ltd Partnership holds 0% or 22,322 shares. Jpmorgan Chase holds 0% or 243,709 shares. Walleye Trading reported 98,898 shares. Maryland-based Price T Rowe Assoc Inc Md has invested 0% in Glu Mobile Inc. (NASDAQ:GLUU). Edge Wealth Management Ltd Liability accumulated 15 shares. 13,468 are owned by Natixis. Invesco Limited stated it has 0% in Glu Mobile Inc. (NASDAQ:GLUU). 3.20M were reported by Millennium Mngmt Ltd Limited Liability Company. Legal & General Gp Inc Plc reported 0% of its portfolio in Glu Mobile Inc. (NASDAQ:GLUU). Ameritas Invest Partners stated it has 9,287 shares. National Bank & Trust Of America Corporation De has 6,801 shares. Nationwide Fund Advsr reported 142,657 shares stake.

Since August 15, 2017, it had 0 insider purchases, and 5 selling transactions for $4.65 million activity. Nada Hany had sold 766,456 shares worth $3.45M.

Analysts expect Glu Mobile Inc. (NASDAQ:GLUU) to report $-0.06 EPS on February, 14.They anticipate $0.07 EPS change or 53.85 % from last quarter’s $-0.13 EPS. After having $-0.09 EPS previously, Glu Mobile Inc.’s analysts see -33.33 % EPS growth. The stock decreased 0.79% or $0.03 during the last trading session, reaching $3.77. About 4.36 million shares traded or 0.09% up from the average. Glu Mobile Inc. (NASDAQ:GLUU) has risen 5.65% since January 14, 2017 and is uptrending. It has underperformed by 11.05% the S&P500.

Glu Mobile Inc. (NASDAQ:GLUU) Ratings Coverage

Among 11 analysts covering Glu Mobile (NASDAQ:GLUU), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Glu Mobile had 38 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, May 4 by Roth Capital. The stock of Glu Mobile Inc. (NASDAQ:GLUU) has “Buy” rating given on Tuesday, September 1 by Canaccord Genuity. Cowen & Co maintained it with “Buy” rating and $3.5 target in Wednesday, September 6 report. The company was maintained on Friday, July 28 by Roth Capital. On Thursday, October 12 the stock rating was downgraded by Benchmark to “Hold”. The firm has “Buy” rating by Roth Capital given on Tuesday, April 26. The firm earned “Buy” rating on Thursday, August 17 by Roth Capital. The stock of Glu Mobile Inc. (NASDAQ:GLUU) earned “Hold” rating by Canaccord Genuity on Friday, November 6. TH Capital initiated the stock with “Buy” rating in Friday, November 13 report. The stock of Glu Mobile Inc. (NASDAQ:GLUU) earned “Hold” rating by Canaccord Genuity on Monday, October 30.

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 has market cap of $516.62 million. The firm publishes titles in five genres, including fashion and celebrity, sports and action, food, home, and social networking. It currently has negative earnings. It creates games based on its own brands, including Contract Killer, Cooking Dash, Covet Fashion, Deer Hunter, Design Home, QuizUp, Racing Rivals, and Tap Sports Baseball.

More recent Glu Mobile Inc. (NASDAQ:GLUU) news were published by: Fool.com which released: “Is Glu Mobile Set for Success in 2018?” on December 30, 2017. Also Fool.com published the news titled: “Why Glu Mobile Inc. Stock Popped 87.6% in 2017” on January 05, 2018. Seekingalpha.com‘s news article titled: “Glu Mobile: Taylor Swift Is Only A Bonus” with publication date: December 18, 2017 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.