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.
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