EXCO Resources Inc (NYSE:XCO) up by 6.88% -GLUU, MM

Boston, MA 04/07/2013 (wallstreetpr) – EXCO Resources Inc (NYSE:XCO) closed to $7.15 and was up by 6.88%. The market capitalization of the stock is $1.65 billion with about 217.57 million outstanding shares. The 52-week range of the stock is $5.65 and $9.08. The average volume of the stock is 3.53 million; around 4.68 million shares exchanged hands in its previous trading session. The stock has been a roller coaster throughout the year and is now trading above its 50 days moving average of $6.79. The RSI of the stock is now standing at 52.85. The stock is trading 29.66% above its 52-week low and 20.27 below its 52-week high. The short ratio created in the stock is 6.61.

Glu Mobile Inc. (NASDAQ:GLUU) was up by 6.37% and closed to $2.84. GLUU brought its mobile game in UK “Samari Vs. Zombies Slots,” a real money mobile game. GLUU is a frontrunner in freeman and 3-D mobile games and offers around 80 mobile games. Recently Darren Aftahi analyst at Northland Capital’s increased it price target on the stock to $4.50 and upgraded the stock to “Outperform” Matthew Ricchetti’s employment with GLUU has been terminated as per the Control Severance Agreement entered by GLUU on April 1. As compared to the industry’s standards of Average Revenue per Daily Active User the GLUU’s figure is below by 1.5% and is close to $0.067. 4.70 million Shares exchanged hands in its previous trading session, the average volume of the stock is 5.68 million. The market capitalization of the stock is $187.28 million with about 65.94 million outstanding shares.

Millennial Media, Inc. (NYSE:MM) the stock was up by 6.11% and closed to $6.43. The stock has declined linearly since past two months and is now trading below its 50 days moving average of $9.34. The RSI of the stock is now 33.90 and the stock is trading in an oversold zone. With an average volume of 1.90 million; 1.59 million shares exchanged hands in its last trading session. MM completed its acquisition of Met resolver, which is a mobile media targeting and buying platform. The acquisition will help MM boost its leadership position with the experienced and talented team of Met resolver, together with programmatic mobile ad-tech platform. MM applied for a license in Myanmar in the hope of tap the uncovered market. Other who have applied for the license are China Mobile and a group supported by George Soros.

For consideration of being featured on WallstreetPR, contact: Editor@Wallstreetpr.com

Please make sure to read and completely understand our disclaimer at https://www.wallstreetpr.com/disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any content posted on our website is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. WallStreetPR strongly recommends you consult a licensed or registered professional before making any investment decision. Neither WallStreetPR.com nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. WallStreetPR often gets compensated for advertisement services that are disclosed on our disclaimer located at WallStreetPR.com/Disclaimer.

Published by Alan Masterson

Alan has over 25 years of trading experience in the U.S. equity markets. He began his career in finance working on a program trading desk specializing in over-the-counter stocks. His career progressed from that point to his current position as senior trader on an institutional trading desk. In the evenings, Alan teaches economics at a local community college. He has contributed articles to various publications over the last six years, including feature articles for an economics magazine and various financial blogs. You may contact Alan via his email (alanmasterson@wallstreetpr.com) or his Google+ page (https://plus.google.com/103338576216002376250).