NQ Mobile Inc. (NQ) Set to Announce Quarterly Earnings on Monday
NQ Mobile Inc. (NYSE:NQ) will announce its earnings results after the market closes on Monday, November 6th.
Shares of NQ Mobile Inc. (NYSE:NQ) traded up $0.07 during mid-day trading on Friday, reaching $3.75. The company’s stock had a trading volume of 161,511 shares, compared to its average volume of 549,231. NQ Mobile Inc. has a 1-year low of $3.06 and a 1-year high of $4.40.
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NQ has been the subject of several recent research reports. BidaskClub upgraded NQ Mobile from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 19th. ValuEngine upgraded NQ Mobile from a “sell” rating to a “hold” rating in a report on Friday, July 28th.
A hedge fund recently raised its stake in NQ Mobile stock. State Street Corp grew its position in shares of NQ Mobile Inc. (NYSE:NQ) by 2.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 241,574 shares of the software maker’s stock after acquiring an additional 6,890 shares during the quarter. State Street Corp owned about 0.22% of NQ Mobile worth $822,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 7.48% 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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