Zacks Investment Research downgraded shares of CHINA MOBIL-ADR (CMGE) from OUTPERFORM to NEUTRAL on January 23, 2015, with a target price of $20.80.
China Mobile Games and Entertainment Group Limited operates as a mobile gaming company in China. It engages in the development, operation, and sale of feature phone and smartphone games. The Company develops single-player games and mobile social games for various types of handsets. It also offers handset design solutions comprising operating system software and hardware design, printed circuit board with operating system software and optional assembly service, and mobile phone contents installation services. China Mobile Games and Entertainment Group Limited is based in Guangzhou, the People's Republic of China.
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