NQ Mobile Inc. (NYSE:NQ) shares rose 2.2% during trading on Thursday . The company traded as high as $4.24 and last traded at $4.22, with a volume of 185,321 shares trading hands. The stock had previously closed at $4.13.

Several analysts have recently commented on NQ shares. Rosenblatt Securities restated a “buy” rating and set a $13.00 target price on shares of NQ Mobile in a report on Tuesday, May 31st. TheStreet cut NQ Mobile from a “hold” rating to a “sell” rating in a report on Friday, May 27th.

The company has a 50 day moving average of $3.83 and a 200 day moving average of $4.14. The firm has a market cap of $412.67 million and a P/E ratio of 40.87.

NQ Mobile (NYSE:NQ) last issued its earnings results on Monday, August 22nd. The company reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by $0.01. During the same quarter in the prior year, the company posted $0.08 earnings per share. The firm earned $83.70 million during the quarter. NQ Mobile’s quarterly revenue was down 18.0% on a year-over-year basis. On average, equities analysts expect that NQ Mobile Inc. will post $0.23 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.