NQ Mobile Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of NQ Mobile Inc (NQ) crossed below their 200 day moving average of $11.77, changing hands as low as $8.46 per share. NQ Mobile Inc shares are currently trading down about 47.2% on the day. The chart below shows the one year performance of NQ shares, versus its 200 day moving average:

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NQ Mobile Inc 200 Day Moving Average Chart

Looking at the chart above, NQ's low point in its 52 week range is $5.07 per share, with $25.90 as the 52 week high point — that compares with a last trade of $12.09.

According to the ETF Finder at ETF Channel, NQ makes up 1.75% of the First Trust ISE Chindia Index Fund ETF ( FNI) which is trading lower by about 0.2% on the day Thursday.

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