NQ Mobile (NQ) Getting Somewhat Favorable News Coverage, Report Finds
News headlines about NQ Mobile (NYSE:NQ) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. NQ Mobile earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 46.4739901905691 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern’s scoring:
- BRIEF-Nq Mobile Completes The Fl Mobile Divestment And The Sale Of Showself’s Live Social Video Business – Reuters (reuters.com)
- BRIEF-NQ Mobile announces new partnership between Linkmotion and Chery Automotive – Reuters (reuters.com)
- NQ Mobile Inc. Reports Unaudited Financial Results for the First, Second, and Third Quarters of FY 2017 – PR Newswire (press release) (prnewswire.com)
- NQ Mobile (NQ) Completes FL Mobile Divestment, Sale of Showself’s Live Social Video Business – StreetInsider.com (streetinsider.com)
- NQ Mobile reports 3Q loss (finance.yahoo.com)
Separately, BidaskClub upgraded NQ Mobile from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd.
NQ Mobile announced that its Board of Directors has initiated a share buyback plan on Monday, November 13th that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the software maker to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.
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NQ Mobile Company Profile
NQ Mobile Inc 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.
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