Roth Mkm Reaffirms “Buy” Rating for Gloo (NASDAQ:GLOO)

Gloo (NASDAQ:GLOOGet Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Roth Mkm in a report released on Tuesday,Benzinga reports. They currently have a $17.00 price target on the stock. Roth Mkm’s price objective would indicate a potential upside of 181.92% from the company’s current price.

Gloo Trading Down 2.7%

NASDAQ:GLOO opened at $6.03 on Tuesday. Gloo has a 12 month low of $5.30 and a 12 month high of $9.98.

Gloo (NASDAQ:GLOOGet Free Report) last issued its quarterly earnings results on Tuesday, December 23rd. The company reported ($6.08) earnings per share (EPS) for the quarter. The firm had revenue of $32.55 million during the quarter.

Gloo Company Profile

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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.

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