NQ Mobile (NYSE:NQ) will be releasing its earnings data after the market closes on Thursday, December 14th.

NQ Mobile (NQ) opened at $4.07 on Thursday. NQ Mobile has a 12 month low of $3.16 and a 12 month high of $4.50.

NQ Mobile declared that its board has approved a stock repurchase plan on Monday, November 13th that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the software maker to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its shares are undervalued.

An institutional investor recently raised its position in NQ Mobile stock. State Street Corp boosted its position in NQ Mobile Inc. (NYSE:NQ) by 2.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 241,574 shares of the software maker’s stock after purchasing an additional 6,890 shares during the period. State Street Corp owned about 0.22% of NQ Mobile worth $822,000 as of its most recent SEC filing. 8.35% of the stock is owned by institutional investors and hedge funds.

Separately, BidaskClub upgraded NQ Mobile from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd.

COPYRIGHT VIOLATION NOTICE: “NQ Mobile (NQ) to Release Earnings on Thursday” was first posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/12/07/nq-mobile-nq-to-release-earnings-on-thursday.html.

NQ Mobile Company Profile

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.

Earnings History for NQ Mobile (NYSE:NQ)

Receive News & Ratings for NQ Mobile Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NQ Mobile Inc. and related companies with MarketBeat.com's FREE daily email newsletter.