Top Gainers: NQ Mobile (NYSE:NQ), InvenSense Inc. (NYSE:INVN), Forest Oil Corporation (NYSE:FST), Sonus Networks (NASDAQ:SONS)

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NQ Mobile (NYSE:NQ), a leading global provider of mobile Internet services, yesterday announced a new preload agreement with PT Smartfren Telecom, Tbk (Smartfren), the largest CDMA/EVDO telecommunications operator in Indonesia. On last trading day NQ Mobile Inc. (ADR) (NYSE:NQ) ended up 10.78%higher to close at $20.25 while trading in the range of $18.50 – $20.44. Its return on assets (ROA) is 2.40% while return on investment (ROI) is 1.00%.NQ Mobile Inc. (ADR) (NYSE:NQ) monthly performance is 11.02%.

Piper Jaffray began coverage on shares of InvenSense (NASDAQ:INVN) in a research note issued on Wednesday, TheFlyOnTheWall.com reports. The firm set an “overweight” rating on the stock.
InvenSense Inc. (NYSE:INVN) in last trading activity ended up at $22.74 with day range of $21.81 – $23.35. Company weekly performance is 1.61% while its quarterly performance stands at 39.25%.InvenSense Inc. (NYSE:INVN) is -4.93% away from its 52 week high.

Forest Oil (NYSE:FST) has been given an average rating of “Hold” by the seventeen analysts that are presently covering the company, Stock Ratings Network.com reports. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $3.62. Forest Oil Corporation (NYSE:FST) belongs to Basic Materials sector with market capitalization of 208.65 million and has 0.50% insider ownership. In last trading activity company’s stock closed at $1.79 while opening price was $1.70.

Sonus Networks, Inc. (SONS), a global leader in SIP communications, today is holding a meeting for the investment community in San Francisco, CA. On Monday shares of Sonus Networks, Inc. (NASDAQ:SONS) opened at $3.78 and closed at $3.62. This Year Company’s Earnings per Share (EPS) growth is -0.08 and next year’s estimated EPS growth is 76.00%. Analysts mean target price for Sonus Networks, Inc. (NASDAQ:SONS) is $4.57.

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