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Glu Mobile adds 11.7% in session

Zacks Equity Research

Glu Mobile, Inc. (GLUU) was a big mover last session, as the company saw its shares rise nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 58.73% since Jun 24.

None of the estimates for Glu Mobile were revised over the past 30 days. The Zacks Consensus Estimate however moved up over the same time frame, suggesting that more solid trading could be ahead for Glu Mobile. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.

Glu Mobile carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same toys/games/ hobby industry include Hasbro Inc. (HAS) and Mattel, Inc. (MAT). Both these stocks hold a Zacks Rank #2 (Buy). Another stock worth considering in the wider consumer discretionary sector is Brunswick Corporation (BC) with a Zacks Rank #2.

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GLU MOBILE INC (GLUU): Free Stock Analysis Report

MATTEL INC (MAT): Free Stock Analysis Report

HASBRO INC (HAS): Free Stock Analysis Report

BRUNSWICK CORP (BC): Free Stock Analysis Report

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