Glu Mobile (GLUU) Shares are Down -4.7%

Glu Mobile (GLUU) : During the past 4 weeks, traders have been relatively bearish on Glu Mobile (GLUU), hence the stock is down -7.41% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.11% relative to the S&P 500. The 4-week change in the price of the stock is -5.11% and the stock has fallen -4.7% in the past 1 week.

Glu Mobile (NASDAQ:GLUU): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $2.20 and $2.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $2.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $2.23, notching a gain of 1.83% for the day. The total traded volume was 2,196,914 . The stock had closed at $2.19 on the previous day.

The stock has recorded a 20-day Moving Average of 9.28% and the 50-Day Moving Average is 5.85%. Glu Mobile, Inc. has dropped 1.33% during the last 3-month period . Year-to-Date the stock performance stands at -8.23%.

Glu Mobile (GLUU) : Average target price received by Glu Mobile (GLUU) is $3.05 with an expected standard deviation of $0.77. The most aggressive target on the stock is $4, whereas the most downbeat target is $2. 8 financial analysts are currently covering the stock.


Glu Mobile Inc. develops, publishes and markets a portfolio of games. The Company offers games to a cross section of users of smartphones and tablet devices who download and make purchases within its games through direct-to-consumer digital storefronts, such as the Apple App Store, Google Play Store and Amazon Appstore, among others. The Company creates games based on its own brands, including Blood & Glory, Contract Killer, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros and Heroes of Destiny. The Company also creates games based on third-party licensed brands, including Kim Kardashian: Hollywood, Robocop: The Official Game, and Hercules: The Official Game, as well as its own branded games that incorporate third-party licensed brands, properties and other content, such as Racing Rivals and Tap Sports: Baseball. It released around 16 free-to-play games. It has around eight global studios that create and develop its games.

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