Glassbridge Enterprises (OTCMKTS:GLAE) Lifted to “Buy” at ValuEngine

ValuEngine upgraded shares of Glassbridge Enterprises (OTCMKTS:GLAE) from a hold rating to a buy rating in a research note released on Thursday morning, ValuEngine reports.

Glassbridge Enterprises stock opened at $170.00 on Thursday. The firm has a 50 day moving average of $89.71 and a 200 day moving average of $162.50. Glassbridge Enterprises has a 12-month low of $0.00 and a 12-month high of $250.00. The company has a debt-to-equity ratio of 1.14, a current ratio of 5.85 and a quick ratio of 5.85.

About Glassbridge Enterprises

GlassBridge Enterprises, Inc, through its subsidiaries, provides enterprise data storage and asset management services worldwide. The company provides solid-state optimized unified hybrid storage systems, secure automated archive solutions, and high-density enterprise storage arrays for various applications, including virtual machine storage, cloud storage, database, surveillance, bulk storage, backup and recovery, and disaster recovery and archive.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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