(NYSE:NQ) shares saw light trading volume with 246K shares changing hands on Friday. Volume was down 86.07% under the stocks average daily volume.
These firms have also modified their investment in NQ. Stevens Capital Management Lp grew its stake by buying 15,856 shares an increase of 83.5% from 03/31/2017 to 06/30/2017. Stevens Capital Management Lp currently owns 34,837 shares worth $118,000. The total value of its holdings increased 49.4%. As of the end of the quarter Profund Advisors LLC had acquired a total of 10,065 shares growing its stake by 50.0%. The value of the investment in (NQ) went from $84,000 to $103,000 a change of $19,000 quarter over quarter.
D.A. Davidson & CO. augmented its holdings by buying 6,000 shares an increase of 60.0% as of 06/30/2017. D.A. Davidson & CO. controls 16,000 shares valued at $54,000. The value of the position overall is up by 31.7%. Hartwell J M Limited Partnership added to its ownership by buying 10,000 shares an increase of 2.9%. Hartwell J M Limited Partnership claims 359,000 shares with a value of $1,221,000. The total value of its holdings decreased 16.1%.
The company is up since yesterday’s close of $3.36. Company shares last traded at $3.38 which is marginally lower than the 50 day moving average of $3.42 and a tad under the 200 day moving average of $3.65. The 50 day moving average was down $-0.04 and the 200 day average went down $-0.27 or -7.43%.
NQ Mobile Inc., launched on March 14, 2007, 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. It operates through two segments: consumer and enterprise. The consumer segment primarily consists of mobile value added services, which includes mobile security services, mobile games and live mobile social video platform, advertising services and other services. The enterprise segment mainly consists of technology and software development services and hardware sales aggregated under enterprise mobility revenues. The Company offers a range of products and services to consumers and enterprises. The Business’s product and service offerings provide mobile privacy and productivity, and also offer additional mobile value added services, such as mobile games, mobile entertainment applications and platforms, and other mobile applications. The Company also offers a set of enterprise mobility solutions. Additionally, the Company provides its products and services to its channel partners to provide these products and services to their own users. The Company also monetizes its mobile users through advertising, mobile games and technology licensing..