Somewhat Favorable Media Coverage Somewhat Unlikely to Affect NQ Mobile (NQ) Share Price

Media headlines about NQ Mobile (NYSE:NQ) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. NQ Mobile earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news headlines about the software maker an impact score of 45.6037045148043 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

Separately, Rosenblatt Securities set a $13.00 price objective on shares of NQ Mobile and gave the company a “buy” rating in a research note on Monday, December 25th.

NQ Mobile (NQ) opened at $3.89 on Friday. NQ Mobile has a 52-week low of $3.24 and a 52-week high of $4.68. The firm has a market cap of $390.87, a P/E ratio of -1.61 and a beta of 1.51. The company has a debt-to-equity ratio of 0.56, a quick ratio of 4.02 and a current ratio of 4.04.

NQ Mobile declared that its board has authorized a share buyback plan on Monday, November 13th that authorizes the company to buyback $150.00 million in shares. This buyback authorization authorizes the software maker to repurchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

TRADEMARK VIOLATION WARNING: “Somewhat Favorable Media Coverage Somewhat Unlikely to Affect NQ Mobile (NQ) Share Price” was originally published by Community Financial News and is the property of of Community Financial News. If you are reading this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright and trademark law. The legal version of this piece of content can be viewed at

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.

Insider Buying and Selling by Quarter for NQ Mobile (NYSE:NQ)

What are top analysts saying about NQ Mobile? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for NQ Mobile and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit