NQ Mobile Inc (NQ): Today's Featured Computer Software & Services Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

NQ Mobile ( NQ) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole was unchanged today. By the end of trading, NQ Mobile fell $1.24 (-5.7%) to $20.60 on heavy volume. Throughout the day, 5,618,161 shares of NQ Mobile exchanged hands as compared to its average daily volume of 1,889,700 shares. The stock ranged in price between $20.28-$22.95 after having opened the day at $22.92 as compared to the previous trading day's close of $21.84. Other companies within the Computer Software & Services industry that declined today were: Perion Network ( PERI), down 10.9%, Kingtone Wirelessinfo Solution ( KONE), down 7.1%, ChyronHego ( CHYR), down 7.1% and FalconStor Software ( FALC), down 6.5%.

NQ Mobile Inc. provides mobile Internet services in the areas of mobile security, privacy, productivity, personalized cloud, and family protection. It operates through two segments, Consumer and Enterprise. NQ Mobile has a market cap of $972.6 million and is part of the technology sector. Shares are up 232.9% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate NQ Mobile a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates NQ Mobile as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good.

On the positive front, Liquid Holdings Group ( LIQD), up 17.6%, FAB Universal ( FU), up 11.5%, Top Image Systems ( TISA), up 8.8% and Park City Group ( PCYG), up 5.9% , were all gainers within the computer software & services industry with Activision Blizzard ( ATVI) being today's featured computer software & services industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider iShares S&P NA Tech Software Idx ( IGV) while those bearish on the computer software & services industry could consider ProShares Ultra Short Technology ( REW).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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