Price Change to Note: Could NQ Mobile Inc (ADR) Crash Even More? The Stock Had Another Big Decline Today

Price Change to Note: Could NQ Mobile Inc (ADR) Crash Even More? The Stock Had Another Big Decline Today

The stock of NQ Mobile Inc (ADR) (NYSE:NQ) is a huge mover today! About 824,334 shares traded hands or 65.52% up from the average. NQ Mobile Inc (ADR) (NYSE:NQ) has declined 26.04% since April 28, 2016 and is downtrending. It has underperformed by 31.96% the S&P500.
The move comes after 6 months negative chart setup for the $347.76M company. It was reported on Dec, 1 by Barchart.com. We have $3.30 PT which if reached, will make NYSE:NQ worth $20.87 million less.

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: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on May 06, 2011, also Quotes.Wsj.com with their article: “DOW JONES, A NEWS CORP COMPANY” published on April 29, 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: Usmarketsdaily.com and their article: “Latest Speculation About NQ Mobile Inc (ADR) (NYSE:NQ) Buyout” published on February 10, 2015 as well as Valuewalk.com‘s news article titled: “NQ Mobile Inc (NQ) Files Long Awaited Form 20-F” with publication date: October 27, 2014.

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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