Glu Mobile, Inc. ( GLUU ) was a big mover last session, as the company saw its shares rise more than 6% on the day. The upside came after the company beat fourth-quarter expectations and announced its partnership with singer Katy Perry to develop a new game featuring the top-selling singer. This led to far more shares changing hands than in a normal session, breaking the recent trend of the company, as the stock is now trading above the volatile price range of $3.36 to $3.65 over the past one-month time frame.
None of the estimates for this stock were revised in the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Glu Mobile carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
A better-ranked stock in the toys/game/hobby industry is Electronic Arts Inc. ( EA ), sporting a Zacks Rank #1 (Strong Buy).
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