Gloo’s (GLOO) “Buy” Rating Reaffirmed at Roth Capital

Gloo (NASDAQ:GLOO)‘s stock had its “buy” rating restated by equities researchers at Roth Capital in a research note issued to investors on Tuesday,Benzinga reports. They presently have a $17.00 price objective on the stock. Roth Capital’s price objective would indicate a potential upside of 174.64% from the company’s current price.

Gloo Price Performance

Shares of GLOO traded down $0.11 during mid-day trading on Tuesday, hitting $6.19. 39,308 shares of the company traded hands, compared to its average volume of 75,498. Gloo has a one year low of $5.30 and a one year high of $9.98.

Gloo Company Profile

Gloo’s mission is to build the leading vertical technology platform for the faith and flourishing ecosystem, which we believe is one of the largest, oldest and least-digitized ecosystems in the world. Our purpose is to shape technology as a force for good, so people can flourish and communities can thrive. This is grounded in our belief that relationships catalyze growth, and when technology is used to serve relationships, it transforms lives. The faith and flourishing ecosystem is vast and, we believe, a technologically underserved vertical that includes traditional Christian (primarily Protestant and Catholic) churches and a diverse network of ministries, nonprofits and service providers.