Glu Mobile (GLUU) is currently procuring the accomplishment of the moves that it made in its past item cycle to adapt its games in a finer and more proficient way. Its procedure of concentrating on leveraging stage quality and making long haul gaming establishments has demonstrated profitable. The launch of new games, for example, Robocop, Defenders & Dragons and Motocross Meltdown have been key impetuses for Glu Mobile. Likewise, the launch of Deer Hunter on Facebook (NASDAQ:FB) is additionally driving reception over a higher number of clients.
Glu is likewise concentrating on giving a top of the line and inventive gaming knowledge to clients. This is reflected in the launch of Spellista, which Glu particularly created for Google (NASDAQ:GOOG) Glass. Likewise, Glu had as of late launched Eternity Warriors 3 with a full suite of Gluon gimmicks including constant talk, player-to-player informing, and society competitions. Such developments and stage enhancements ought to help Glu do well later on.
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Solid Development Moves
Glu is launching a VIP diversion on its stage, joining forces with Kim Kardashian. Glu is likewise concentrating on universal markets, for example, Japan. It has entered into a vital association with COLOPL to co-deliver and distribute another diversion outlined with market-particular substance for players in Japan.
Glu is eager to bring Pirates of Everseas to a worldwide market. The mix of vital gameplay, city-building and social rivalry has brought about an amusement that is positively amusing to play. We think players will truly delight in the privateer-themed storyline, diversion play style and brilliant craftsmanship.
With numerous diversion designers' display over the globe, Glu is concentrating on creating a recognized gaming knowledge to tap the market and attain a notorious position in the earth.
Glu is chipping away at different angles which ought to help it enhance profitability. The organization is concentrating on more activity and shooter class games in 2014, as they have ended up being truly famous as such. As opposed to launching a lot of people new games, Glu is concentrating on center amusement play, demanding enhancing the adaptation of every item and including more aggressive peculiarities.
Glu's enhanced client acquisition capacities ought to provide for it leverage and lead to higher diversion downloads not long from now. An alternate solid development driver is the solid execution from Eternity Warriors 3 the organization is seeing in key markets, for example, Korea and China.
Shorts are retreating
Going ahead, Glu Mobile has numerous impetuses that can drive its impart value higher. Investors are presently beginning to understand the genuine capability of Glu as the most recent details demonstrate a tremendous decrease in short premium. Short enthusiasm toward Glu dunked almost 8.5% in the last few months as shorts are beginning to withdraw. Much after the uptick in 2014, numerous investigator firms like Zacks, Needham, Stifel Nicolaus and so forth have provided for it a purchase rating.
Since Glu Mobile is a little top organization, with market capitalization of $400 million, it is conceivable that a greater organization might buy out Glu later on. The organization's tough prospects, alongside its exceptionally proficient and little workforce approximately 550 individuals, makes it a perfect acquisition focus for organizations like Tencent or Alibaba , which are looking to increase footing in the portable gaming market.
Glu Mobile has performed remarkably well so far in the not so distant future and there are robust motivations to accept that the organization's certain energy ought to proceed. Consequently, investors who have appreciated this fable ride so far ought to keep on hanging on as Glu Mobile can take off higher later on.