NQ Mobile Inc. (NYSE:NQ) has received an average broker rating score of 0.00 () from the zero brokers that cover the company, Zacks Investment Research reports.

Zacks has also given NQ Mobile an industry rank of 109 out of 265 based on the ratings given to its competitors.

NQ has been the subject of a number of research reports. ValuEngine upgraded shares of NQ Mobile from a “sell” rating to a “hold” rating in a research report on Friday, July 28th. BidaskClub upgraded shares of NQ Mobile from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th.

NQ Mobile (NYSE:NQ) traded down 0.88% during mid-day trading on Tuesday, hitting $3.37. 15,856 shares of the stock traded hands. The company’s market cap is $363.31 million. NQ Mobile has a 12 month low of $3.06 and a 12 month high of $4.68. The company’s 50 day moving average is $3.43 and its 200 day moving average is $3.68.

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A number of institutional investors have recently added to or reduced their stakes in the stock. Stevens Capital Management LP increased its stake in shares of NQ Mobile by 83.5% in the second quarter. Stevens Capital Management LP now owns 34,837 shares of the software maker’s stock valued at $118,000 after buying an additional 15,856 shares in the last quarter. Penserra Capital Management LLC increased its stake in shares of NQ Mobile by 237.4% in the second quarter. Penserra Capital Management LLC now owns 91,960 shares of the software maker’s stock valued at $312,000 after buying an additional 64,707 shares in the last quarter. Fagan Associates Inc. increased its stake in shares of NQ Mobile by 4.6% in the second quarter. Fagan Associates Inc. now owns 26,035 shares of the software maker’s stock valued at $1,160,000 after buying an additional 1,150 shares in the last quarter. Bank of Montreal Can increased its stake in shares of NQ Mobile by 343.8% in the second quarter. Bank of Montreal Can now owns 100,988 shares of the software maker’s stock valued at $343,000 after buying an additional 78,231 shares in the last quarter. Finally, Hartwell J M Limited Partnership increased its stake in shares of NQ Mobile by 2.9% in the second quarter. Hartwell J M Limited Partnership now owns 359,000 shares of the software maker’s stock valued at $1,221,000 after buying an additional 10,000 shares in the last quarter. Institutional investors and hedge funds own 6.70% of the company’s stock.

About NQ Mobile

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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