Media coverage about Glu Mobile (NASDAQ:GLUU) has been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Glu Mobile earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.010692676231 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news stories that may have effected Accern’s rankings:

Glu Mobile (NASDAQ:GLUU) traded down $0.07 during trading on Monday, hitting $4.45. 5,558,200 shares of the stock traded hands, compared to its average volume of 4,556,101. Glu Mobile has a 52-week low of $1.85 and a 52-week high of $4.95. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.03.

Glu Mobile (NASDAQ:GLUU) last released its quarterly earnings results on Wednesday, November 1st. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.03). The firm had revenue of $81.10 million during the quarter, compared to the consensus estimate of $80.67 million. Glu Mobile had a negative return on equity of 35.19% and a negative net margin of 29.74%. The company’s revenue for the quarter was up 57.8% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.33) EPS. sell-side analysts anticipate that Glu Mobile will post -0.18 earnings per share for the current year.

A number of brokerages have issued reports on GLUU. Zacks Investment Research raised shares of Glu Mobile from a “hold” rating to a “buy” rating and set a $4.00 target price on the stock in a report on Thursday, August 31st. Roth Capital set a $4.00 price target on shares of Glu Mobile and gave the stock a “buy” rating in a report on Thursday, August 24th. ValuEngine cut shares of Glu Mobile from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Stifel Nicolaus reaffirmed a “buy” rating and issued a $4.50 price target (up previously from $3.30) on shares of Glu Mobile in a report on Tuesday, October 31st. Finally, Wedbush set a $5.00 price target on shares of Glu Mobile and gave the stock a “hold” rating in a report on Wednesday, October 18th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Glu Mobile has an average rating of “Hold” and an average price target of $3.97.

In related news, COO Eric R. Ludwig sold 33,000 shares of the stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $3.90, for a total value of $128,700.00. Following the transaction, the chief operating officer now owns 72,000 shares of the company’s stock, valued at $280,800. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Hany Nada sold 766,456 shares of the stock in a transaction on Monday, October 16th. The shares were sold at an average price of $4.51, for a total value of $3,456,716.56. The disclosure for this sale can be found here. In the last three months, insiders sold 1,196,422 shares of company stock worth $5,055,591. 5.60% of the stock is owned by insiders.

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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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