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 closed the day up 0.9%. By the end of trading, NQ Mobile fell $0.60 (-5.1%) to $11.25 on light volume. Throughout the day, 2,214,599 shares of NQ Mobile exchanged hands as compared to its average daily volume of 7,179,900 shares. The stock ranged in price between $11.10-$11.84 after having opened the day at $11.61 as compared to the previous trading day's close of $11.85. Other companies within the Computer Software & Services industry that declined today were: CounterPath Corporation ( CPAH), down 7.4%, ChyronHego ( CHYR), down 5.5%, Authentidate Holding Corporation ( ADAT), down 5.4% and Vringo ( VRNG), down 4.6%.

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 $626.8 million and is part of the technology sector. The company has a P/E ratio of 25.0, above the S&P 500 P/E ratio of 17.7. Shares are up 96.2% year to date as of the close of trading on Tuesday. 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 positive front, Unwired Planet ( UPIP), up 9.0%, Cvent ( CVT), up 8.0%, Liquid Holdings Group ( LIQD), up 7.4% and 21Vianet Group ( VNET), up 6.7% , were all gainers within the computer software & services industry with Oracle Corporation ( ORCL) 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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