2 Stocks Making Case For Big Gains: Glu Mobile Inc. (GLUU), National Grid plc (NGG)

6 analysts out of 7 Wall Street brokerage firms rate Glu Mobile Inc. (NASDAQ:GLUU) as a Buy, while 0 see it as a Sell. The rest 1 describe it as a Hold. GLUU stock traded higher to an intra-day high of $7.46. At one point in session, its potential discontinued and the price was down to lows at $7.13. Analysts have set GLUU’s consensus price at $11.51, effectively giving it a 58.76% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $14 (up 93.1% from current price levels). GLUU has a -3.1% ROE, lower than the 16.37% average for the industry. The average ROE for the sector is 15.59%.

It is expected that in Jun 2019 quarter GLUU will have an EPS of $0.01, suggesting a 133.33% growth. For Sep 2019 is projected at $0.06. It means that there could be a 500% growth in the quarter. Yearly earnings are expected to rise by 337.5% to about $0.19. As for the coming year, growth will be about 57.89%, lifting earnings to $0.3. RSI after the last trading period was 23.48. GLUU recorded a change of -7.53% over the past week and returned -20.15% over the last three months while the GLUU stock’s monthly performance revealed a shift in price of -18.99%. The year to date (YTD) performance stands at -10.16%, and the bi-yearly performance specified an activity trend of 2.4% while the shares have moved 29% for the past 12 months.

Glu Mobile Inc. (GLUU) currently trades at $7.25, which is lower by -0.41% its previous price. It has a total of 142.22 million outstanding shares, with an ATR of around 0.45. The company’s stock volume dropped to 1.9 million, worse than 2.66 million that represents its 50-day average. A 5-day decrease of about -7.53% in its price means GLUU is now -10.16% lower on year-to-date. The shares have surrendered $43303.75 since its $11.75 52-week high price recorded on 5th of April 2019. Overall, it has seen a growth rate of 29 over the last 12 months. The current price per share is $2.17 above the 52 week low of $5.08 set on 30th of July 2018.

Glu Mobile Inc. (NASDAQ:GLUU)’s EPS was $0.05 as reported for the March quarter. In comparison, the same quarter a year ago had an EPS of $0.04. That means that its growth in general now stands at 25%. Therefore, a prediction of $0.05 given by the analysts brought a negative surprise of 0%. GLUU March quarter revenue was $92.6 million, compared to $86.3 million recorded in same quarter last year, giving it a 7% growth rate. The company’s $6.3 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

National Grid plc (NYSE:NGG) shares appreciated 0.21% over the last trading period, taking overall 5-day performance up to 3.31%. NGG’s price now at $51.76 is weaker than the 50-day average of $53.11. Getting the trading period increased to 200 days, the stock price was seen at $53.43 on average. The general public currently hold control of a total of 652.5 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 681.58 million. The company’s management holds a total of 3.5%, while institutional investors hold about 6.1% of the remaining shares. NGG share price finished last trade 0.06% above its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -3.14%, while closing the session with -2.7% distance from 50 day simple moving average.

National Grid plc (NGG) shares were last observed trading -12.29% down since March 26, 2019 when the peak of $59.01 was hit. Last month’s price growth of -5.86% puts NGG performance for the year now at 7.88%. Consequently, the shares price is trending higher by 11.65%, a 52-week worst price since Dec. 18, 2018. However, it is losing value with -2.45% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $51.53 and $51.64. The immediate resistance area is now $51.89 Williams’s %R (14) for NGG moved to 29.52 while the stochastic %K points at 70.16.

Analysts estimate full-year growth to be -2.61%, the target being $3.73 a share. The firm’s current profit margin over the past 12 months is 23.8%. NGG ranks lower in comparison to an average of 36.53% for industry peers; while the average for the sector is 14.85%.