NQ Mobile Inc. (NQ) Stock Price Down 4.1%
NQ Mobile Inc. (NYSE:NQ) shares were down 4.1% on Monday . The company traded as low as $3.49 and last traded at $3.51, with a volume of 316,827 shares. The stock had previously closed at $3.66.
A number of research analysts recently weighed in on NQ shares. Rosenblatt Securities reaffirmed a “buy” rating and set a $13.00 price objective on shares of NQ Mobile in a report on Friday, April 1st. TheStreet lowered NQ Mobile from a “hold” rating to a “sell” rating in a report on Friday, May 27th.
The firm has a 50-day moving average price of $3.86 and a 200 day moving average price of $4.03. The firm’s market cap is $341.41 million.
NQ Mobile (NYSE:NQ) last posted its quarterly earnings data on Thursday, May 26th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.05. The business earned $73.50 million during the quarter, compared to the consensus estimate of $121.50 million. The company’s revenue was down 17.6% compared to the same quarter last year. On average, equities research analysts expect that NQ Mobile Inc. will post $0.18 EPS for the current fiscal year.
NQ Mobile Inc is a global provider of mobile Internet services. The Company 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.
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