Glu Mobile Inc. (GLUU) Forms $3.69 Double Top; Guggenheim Strategic Opportunities Fund (GOF) Has 1.9 Sentiment

Glu Mobile Inc. (GLUU) formed double top with $4.02 target or 9.00% above today’s $3.69 share price. Glu Mobile Inc. (GLUU) has $505.66M valuation. The stock decreased 2.12% or $0.08 during the last trading session, reaching $3.69. About 3.50 million shares traded. Glu Mobile Inc. (NASDAQ:GLUU) has risen 5.65% since January 17, 2017 and is uptrending. It has underperformed by 11.05% the S&P500.

The stock decreased 1.06% or $0.23 during the last trading session, reaching $21.5. About 252,384 shares traded or 90.41% up from the average. Guggenheim Strategic Opportunities Fund (GOF) has risen 21.97% since January 17, 2017 and is uptrending. It has outperformed by 5.27% the S&P500.

Since August 15, 2017, it had 0 insider purchases, and 5 sales for $4.65 million activity. Nada Hany also sold $3.45 million worth of Glu Mobile Inc. (NASDAQ:GLUU) shares. Ludwig Eric R sold $586,640 worth of Glu Mobile Inc. (NASDAQ:GLUU) on Monday, October 9.

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. Roth Capital maintained it with “Buy” rating and $3.7500 target in Wednesday, June 21 report. The firm earned “Overweight” rating on Wednesday, August 5 by Piper Jaffray. The rating was maintained by Roth Capital with “Buy” on Tuesday, April 26. The company was initiated on Friday, November 13 by TH Capital. The rating was initiated by Mizuho on Friday, December 23 with “Neutral”. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, July 10. On Friday, July 29 the stock rating was maintained by Wedbush with “Neutral”. The stock of Glu Mobile Inc. (NASDAQ:GLUU) earned “Hold” rating by Canaccord Genuity on Friday, November 6. On Thursday, November 12 the stock rating was initiated by Oppenheimer with “Perform”. The rating was maintained by Canaccord Genuity on Friday, June 30 with “Hold”.

Analysts await Glu Mobile Inc. (NASDAQ:GLUU) to report earnings on February, 14. They expect $-0.06 EPS, up 53.85% or $0.07 from last year’s $-0.13 per share. After $-0.09 actual EPS reported by Glu Mobile Inc. for the previous quarter, Wall Street now forecasts -33.33% EPS growth.

Investors sentiment decreased to 1.36 in 2017 Q3. 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. Wells Fargo And Com Mn has invested 0% of its portfolio in Glu Mobile Inc. (NASDAQ:GLUU). Ariel Ltd stated it has 1.78M shares or 0.08% of all its holdings. Marathon Cap Mngmt has 293,750 shares for 0.47% of their portfolio. 21,100 were accumulated by Macquarie. Emerald Advisers Inc Pa has invested 0.01% in Glu Mobile Inc. (NASDAQ:GLUU). Credit Suisse Ag holds 0% in Glu Mobile Inc. (NASDAQ:GLUU) or 91,076 shares. Citadel Advsr Ltd Company reported 137,481 shares. Axa has 16,300 shares. D E Shaw And accumulated 0.02% or 3.51 million shares. Menta Capital Ltd Liability Corporation has 0.38% invested in Glu Mobile Inc. (NASDAQ:GLUU) for 696,693 shares. Wade G W & has 13,000 shares. Parametric Port Llc invested 0% in Glu Mobile Inc. (NASDAQ:GLUU). National Bank Of America Corp De holds 6,801 shares or 0% of its portfolio. Royal Financial Bank Of Canada has invested 0% in Glu Mobile Inc. (NASDAQ:GLUU). Pnc Finance Group Inc owns 2,500 shares.