PowerShares KBW Bank Portfolio (KBWB) Forms $55.64 Double Top; 6 Bullish Analysts Covering Glu Mobile Inc. (GLUU)

Glu Mobile Inc. (NASDAQ:GLUU) Logo

Among 11 analysts covering Glu Mobile (NASDAQ:GLUU), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Glu Mobile had 40 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Wedbush on Friday, July 29. The stock of Glu Mobile Inc. (NASDAQ:GLUU) has “Buy” rating given on Friday, February 9 by Stifel Nicolaus. The rating was maintained by Roth Capital with “Buy” on Tuesday, October 24. Oppenheimer initiated the stock with “Perform” rating in Thursday, November 12 report. The rating was maintained by Northland Capital with “Outperform” on Tuesday, January 12. The stock has “Buy” rating by Roth Capital on Tuesday, July 18. On Friday, February 5 the stock rating was upgraded by Benchmark to “Buy”. The firm has “Buy” rating by Roth Capital given on Monday, February 6. Canaccord Genuity downgraded the stock to “Hold” rating in Friday, November 6 report. The stock of Glu Mobile Inc. (NASDAQ:GLUU) earned “Neutral” rating by Mizuho on Friday, December 23. See Glu Mobile Inc. (NASDAQ:GLUU) latest ratings:

19/04/2018 Broker: Roth Capital Rating: Buy New Target: $5.5000 Maintain
09/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $4.75 Maintain
02/11/2017 Broker: Canaccord Genuity Rating: Hold Old Target: $3 New Target: $4 Maintain
31/10/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $4.5 Maintain
30/10/2017 Broker: Canaccord Genuity Rating: Hold New Target: $3.0 Maintain

PowerShares KBW Bank Portfolio (KBWB) formed double top with $57.87 target or 4.00% above today’s $55.64 share price. PowerShares KBW Bank Portfolio (KBWB) has $1.16 billion valuation. The stock increased 0.40% or $0.22 during the last trading session, reaching $55.64. About 335,126 shares traded. PowerShares KBW Bank Portfolio (NASDAQ:KBWB) has risen 16.07% since April 24, 2017 and is uptrending. It has outperformed by 4.52% the S&P500.

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 $597.03 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.

The stock decreased 0.47% or $0.02 during the last trading session, reaching $4.28. About 842,292 shares traded. Glu Mobile Inc. (NASDAQ:GLUU) has risen 71.82% since April 24, 2017 and is uptrending. It has outperformed by 60.27% the S&P500.

Glu Mobile Inc. (NASDAQ:GLUU) Institutional Positions Chart