NEW YORK (
) is trading at unusually high volume Friday with 8.8 million shares changing hands. It is currently at 4.5 times its average daily volume and trading down 25 cents (-4.9%) at $4.85 as of 2:46 p.m. ET.
Glu Mobile has a market cap of $258.6 million and is part of the
industry. Shares are up 146.4% year to date as of the close of trading on Thursday.
Glu Mobile Inc. engages in the design, marketing, and sale of mobile games worldwide.
TheStreet Ratings rates Glu Mobile as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full
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