Glu Mobile Inc. (NASDAQ:GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, today announced the availability of Terminator Genisys: Revolution on the App Store and Google Play. In partnership withSkydance Productions, Glu has developed the official mobile game in conjunction with the new Terminator Genisys film scheduled for U.S. theatrical release fromParamount Pictures on July 1, 2015.
“Terminator Genisys: Revolution delivers an immersive gaming experience and unique post-apocalyptic combat truly worthy of the iconic Terminator franchise,” said Niccolo de Masi, Glu Chairman and CEO. “We are proud to launch the first ever free-to-play mobile game for Terminator fans worldwide, in close partnership with Skydance Productions and Paramount Pictures.” (Original Source)
Shares of Glu Mobile closed yesterday at $6.68. GLUU has a 1-year high of $7.60 and a 1-year low of $3.27. The stock’s 50-day moving average is $6.19 and its 200-day moving average is $4.81.
On the ratings front, Glu Mobile has been the subject of a number of recent research reports. In a report issued on May 19, Stifel Nicolaus analyst Drew Crum reiterated a Buy rating on GLUU, with a price target of $9, which represents a potential upside of 34.7% from where the stock is currently trading. Separately, on May 18, Northland Securities’ Darren Aftahi maintained a Buy rating on the stock and has a price target of $9.50.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Drew Crum and Darren Aftahi have a total average return of 30.1% and 5.1% respectively. Crum has a success rate of 84.2% and is ranked #55 out of 3610 analysts, while Aftahi has a success rate of 64.2% and is ranked #1187.
In total, 4 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $9.00 which is 34.7% above where the stock closed yesterday.
Glu Mobile Inc develops, publishes & markets games designed to appeal to users of smartphones & tablet devices. Its gaming brands include Blood & Glory, Contract Killer, Deer Hunter, Eternity Warriors, Frontline Commando, Gun Bros, & Heroes of Destiny.