Glu Mobile Inc. (NASDAQ:GLUU) went down by -2.00% from its latest closing price compared to the recent 1-year high of $10.85. The company’s stock price has collected -1.01% of loss in the last five trading sessions. Press Release reported on 12/17/20 that Glu Files Patent Infringement Lawsuit Against Reworks Oy, Developer of Redecor
Is It Worth Investing in Glu Mobile Inc. (NASDAQ :GLUU) Right Now?
Glu Mobile Inc. (NASDAQ:GLUU) scored a price-to-earnings ratio above its average ratio, recording 440.50 x from its present earnings ratio. Plus, the 36-month beta value for GLUU is at 0.79. Opinions of the stock are interesting as 11 analysts out of 12 who provided ratings for Glu Mobile Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $11.41, which is $2.6 above the current price. GLUU currently public float of 146.40M and currently shorts hold a 11.83% ratio of that float. Today, the average trading volume of GLUU was 3.39M shares.
GLUU’s Market Performance
GLUU stocks went down by -1.01% for the week, with a monthly drop of -3.82% and a quarterly performance of 12.23%, while its annual performance rate touched 57.04%. The volatility ratio for the week stands at 4.52% while the volatility levels for the past 30 days are set at 4.07% for Glu Mobile Inc.. The simple moving average for the period of the last 20 days is -5.42% for GLUU stocks with a simple moving average of 3.92% for the last 200 days.
Analysts’ Opinion of GLUU
Many brokerage firms have already submitted their reports for GLUU stocks, with Goldman repeating the rating for GLUU by listing it as a “Buy.” The predicted price for GLUU in the upcoming period, according to Goldman is $9.80 based on the research report published on September 01st of the previous year 2020.
UBS, on the other hand, stated in their research note that they expect to see GLUU reach a price target of $13. The rating they have provided for GLUU stocks is “Buy” according to the report published on June 10th, 2020.
Morgan Stanley gave a rating of “Equal-Weight” to GLUU, setting the target price at $10.50 in the report published on May 11th of the previous year.
GLUU Trading at -1.65% from the 50-Day Moving Average
After a stumble in the market that brought GLUU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.79% of loss for the given period.
Volatility was left at 4.07%, however, over the last 30 days, the volatility rate increased by 4.52%, as shares sank -2.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.78% upper at present.
During the last 5 trading sessions, GLUU fell by -1.01%, which changed the moving average for the period of 200-days by +42.33% in comparison to the 20-day moving average, which settled at $9.30. In addition, Glu Mobile Inc. saw -2.22% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at GLUU starting from Brandeau Greg, who sale 42,000 shares at the price of $10.00 back on Nov 30. After this action, Brandeau Greg now owns 25,000 shares of Glu Mobile Inc., valued at $420,000 using the latest closing price.
de Masi Niccolo, the Director of Glu Mobile Inc., sale 163,467 shares at $9.96 during a trade that took place back on Nov 27, which means that de Masi Niccolo is holding 497,744 shares at $1,627,625 based on the most recent closing price.
Stock Fundamentals for GLUU
Current profitability levels for the company are sitting at:
- +1.87 for the present operating margin
- +64.74 for the gross margin
The net margin for Glu Mobile Inc. stands at +2.16. The total capital return value is set at 3.65, while invested capital returns managed to touch 4.25. Equity return is now at value 2.50, with 1.40 for asset returns.
Based on Glu Mobile Inc. (GLUU), the company’s capital structure generated 20.13 points at debt to equity in total, while total debt to capital is 16.76. Total debt to assets is 9.78, with long-term debt to equity ratio resting at 18.39. Finally, the long-term debt to capital ratio is 15.31.
When we switch over and look at the enterprise to sales, we see a ratio of 2.11, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 14.53 and the total asset turnover is 1.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.20.