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

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 higher today making it today's featured computer software & services winner. The industry as a whole closed the day down 0.7%. By the end of trading, NQ Mobile rose $0.33 (2.5%) to $13.39 on light volume. Throughout the day, 1,512,973 shares of NQ Mobile exchanged hands as compared to its average daily volume of 7,366,500 shares. The stock ranged in a price between $13.01-$13.44 after having opened the day at $13.11 as compared to the previous trading day's close of $13.06. Other companies within the Computer Software & Services industry that increased today were: BOS Better Online Solutions ( BOSC), up 72.3%, Marketo ( MKTO), up 8.3%, Asure Software ( ASUR), up 6.3% and Streamline Health Solutions ( STRM), up 5.7%.

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 $691.3 million and is part of the technology sector. The company has a P/E ratio of 27.6, above the S&P 500 P/E ratio of 17.7. Shares are up 114.6% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates NQ Mobile a buy, no analysts rate it a sell, and 1 rates 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, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.

On the negative front, Velti ( VELT), down 12.0%, China Mobile Games and Entertainment Group ( CMGE), down 9.4%, Authentidate Holding Corporation ( ADAT), down 8.1% and Smith Micro Software ( SMSI), down 7.8% , were all laggards within the computer software & services industry with Salesforce.com ( CRM) being today's computer software & services industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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