NQ Mobile (NQ +6.2%) jumps after SA contributor Steven Weitz declares the mobile security...

|About: NQ Mobile Inc. (NQ)|By:, SA News Editor

NQ Mobile (NQ +6.2%) jumps after SA contributor Steven Weitz declares the mobile security software vendor to be "in the sweet spot of the mobile Internet tsunami," and attractively priced at 3.9x trailing sales and 2.2x forward sales. Weitz highlights NQ's 56% Chinese mobile security share, its favorable Google Play and security test reviews, and its efforts to diversify into mobile gaming/social networking (Feiliu) and enterprise mobile services (NationSky).