Turtle Beach Debuts Its First Mobile Gaming Controller

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Turtle Beach($NASDAQ:HEAR) Corporation today revealed the Recon™ Cloud Hybrid, its first mobile gaming controller designed for Xbox. The controller also has two analog sticks, a directional pad, four face buttons, two shoulder buttons, and a trigger button. The Recon Cloud Hybrid is compatible with both iOS and Android devices, and it will be available in stores and online in November.

Market Price

The stock opened at $8.1 and closed at $7.9, down by 2.6% from the previous closing price of 8.2. The controller will be available in the U.S. and Canada later this year.

VI Analysis

Turtle Beach Corporation’s fundamentals reflect its long term potential, and the company’s strengths and weaknesses can be easily seen by using the VI app. According to the VI Star Chart, Turtle Beach is strong in asset, medium in growth, profitability and weak in dividend. Turtle Beach is classified as an ‘elephant’, a type of company that is rich in assets after deducting off liabilities. Such company is deemed less risky as the intrinsic value is pegged to its assets. Turtle Beach has an intermediate health score of 4/10 considering its cashflows and debt, which means that it might be able to safely ride out any crisis without the risk of bankruptcy.

Summary

The new controller, named the Mobile Gaming Clip, is a clip-on controller that attaches to a mobile device and provides physical buttons and analog sticks for a more traditional gaming experience. The Mobile Gaming Clip is compatible with a variety of mobile devices, including iPhone, iPad, and Android devices, and can be used with a variety of games. Turtle Beach is known for its high-quality gaming headsets and accessories, and the Mobile Gaming Clip is another example of the company’s commitment to providing gamers with the best possible gaming experience. The Mobile Gaming Clip is available now from Turtle Beach’s website and retail partners.