Tech Unusal Volume: NQ Mobile Inc (ADR) (NYSE:NQ), China BAK Battery (NASDAQ:CBAK), eLong (ADR) (NASDAQ:LONG), MIND C.T.I. Ltd. (NASDAQ:MNDO), CollabRx (NASDAQ:CLRX)

Posted by on Jul 07, 2014

On 4 JULY NQ Mobile Inc (ADR) (NYSE:NQ) said that it appointed two new independent directors to the board and the audit committee, adding that Han was leaving for “personal reasons” and that there were no conflicts between her and the company. NQ Mobile Inc (ADR) (NYSE:NQ) net profit margin is 4.40% and weekly performance is -28.10%. On last trading day company shares ended up $4.58. Analysts mean target price for the company is $33.00. NQ Mobile Inc (ADR) (NYSE:NQ) distance from 50-day simple moving average (SMA50) is -49.24%.

On 3 JULY China BAK Battery Inc. (NASDAQ:CBAK) said that China BAK Battery Inc. (NASDAQ:CBAK) has been performing well this year. The strong move came after the announcement by Korean battery producer LG Chem Ltd. that it will build a battery factory in China for electric vehicles. China BAK Battery Inc. (NASDAQ:CBAK) shares advanced 13.76% in last trading session and ended the day on $4.05. CBAK Gross Margin is -1.10% and its return on assets is -22.80%. China BAK Battery Inc. (NASDAQ:CBAK) quarterly performance is 25.00%.

On 26 JUNE eLong, Inc. (ADR) (NASDAQ:LONG) said it has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. eLong, Inc. (ADR) (NASDAQ:LONG) shares moved up 4.24% in last trading session and was closed at $21.62, while trading in range of $20.75 – $22.38. eLong, Inc. (ADR) (NASDAQ:LONG) year to date (YTD) performance is 5.57%.

On 23 JUNE MIND C.T.I. Ltd. (NASDAQ:MNDO) announced one new win. The new win is with an East European mobile operator which has built the first Bulgarian commercial 4G LTE (Long Term Evolution) mobile network, offering high-speed mobile internet. MIND C.T.I. Ltd. (NASDAQ:MNDO) ended the last trading day at $2.53. Company weekly volatility is calculated as 3.64% and price to cash ratio as 2.80. MIND C.T.I. Ltd. (NASDAQ:MNDO) showed a positive weekly performance of 10.96%.

On 25 JUNE CollabRx Inc (NASDAQ:CLRX) announced the closing of its previously announced underwritten public offering of 913,500 shares of its common stock, offered at a public offering price of $2.00 per share. Gross proceeds to CollabRx from this offering are $1,827,000 before deducting the underwriting discount and other estimated offering expenses payable by CollabRx. CollabRx Inc (NASDAQ:CLRX) weekly performance is 2.58%. On last trading day company shares ended up $1.99. Analysts mean target price for the company is $10.00. CollabRx Inc (NASDAQ:CLRX) distance from 50-day simple moving average (SMA50) is -28.65%.

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