The stock of NQ Mobile Inc (ADR) (NYSE:NQ) is a huge mover today! About 574,410 shares traded hands or 22.73% up from the average. NQ Mobile Inc (ADR) (NYSE:NQ) has declined 4.30% since March 1, 2016 and is downtrending. It has underperformed by 13.55% the S&P500.
The move comes after 8 months positive chart setup for the $369.24M company. It was reported on Oct, 4 by Barchart.com. We have $5.20 PT which if reached, will make NYSE:NQ worth $125.54M more.
According to Zacks Investment Research, “NQ Mobile Inc. is a provider of mobile internet services. The company offers mobile game publishing platforms, mobile advertising platforms, mobile entertainment applications and platforms, mobile security and productivity applications and other mobile applications. NQ Mobile Inc., formerly known as NetQin Mobile Inc., is headquartered in Beijing, the Peoples Republic of China.”
More notable recent NQ Mobile Inc (ADR) (NYSE:NQ) news were published by: Quotes.Wsj.com which released: “DOW JONES, A NEWS CORP COMPANY” on April 29, 2011, also Marketwatch.com with their article: “/quotes/zigman/3870025/realtime” published on May 06, 2011, Fool.com published: “Why NQ Mobile Inc. Stock Plunged Today” on December 01, 2015. More interesting news about NQ Mobile Inc (ADR) (NYSE:NQ) were released by: Schaeffersresearch.com and their article: “Earnings Preview: NQ Mobile Inc and Best Buy Co Inc” published on August 22, 2016 as well as Usmarketsdaily.com‘s news article titled: “Latest Speculation About NQ Mobile Inc (ADR) (NYSE:NQ) Buyout” with publication date: February 10, 2015.
NQ Company Profile
NQ Mobile Inc., incorporated on March 14, 2007, is a global well-known provider of mobile Internet services. The Firm provides a portfolio of offerings, including mobile game publishing platforms, mobile advertising platforms, mobile entertainment applications and platforms, mobile security and productivity applications, as well as other mobile applications. It operates through two divisions: consumer and enterprise. The consumer segment primarily consists of mobile value added services, which includes mobile security services, mobile games and live mobile social video platform, advertising services and other services. The enterprise segment mainly consists of technology and software development services and hardware sales aggregated under enterprise mobility revenues. The Firm offers a range of services and products to clients and enterprises. The Company’s product and service offerings provide mobile privacy and productivity, and also offer additional mobile value added services, such as mobile games, mobile entertainment applications and platforms, and other mobile applications. The Firm also offers a set of enterprise mobility solutions. Additionally, the Company provides its services and products to its channel partners to provide these services and products to their own users. The Firm also monetizes its mobile users through advertising, mobile games and technology licensing.
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