Aurora Mobile (NASDAQ:JG) Receives "Sell (D-)" Rating from Weiss Ratings

Key Points

• Aurora Mobile (NASDAQ:JG) has been given a "Sell (D-)" rating by Weiss Ratings, indicating a bearish outlook on the stock.
• The company's stock showed a slight trading increase of 0.6%, reaching $8.58, with a market capitalization of $51.45 million.
• Institutional investors hold a significant stake in Aurora Mobile, with over 85% ownership from hedge funds and other institutions, including a new position acquired by Citadel Advisors LLC.

Aurora Mobile (NASDAQ:JG - Get Free Report)'s stock had its "sell (d-)" rating reiterated by equities research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Aurora Mobile Trading Up 0.6%

JG stock traded up $0.06 during trading on Wednesday, hitting $8.58. The company had a trading volume of 4,469 shares, compared to its average volume of 276,350. The company has a fifty day moving average price of $9.38 and a two-hundred day moving average price of $9.81. The company has a market cap of $51.45 million, a P/E ratio of -53.59 and a beta of 1.41. Aurora Mobile has a fifty-two week low of $4.25 and a fifty-two week high of $20.94.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Aurora Mobile stock. Citadel Advisors LLC acquired a new position in shares of Aurora Mobile Limited Sponsored ADR (NASDAQ:JG - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,449 shares of the company's stock, valued at approximately $75,000. Citadel Advisors LLC owned 0.18% of Aurora Mobile at the end of the most recent reporting period. Hedge funds and other institutional investors own 85.47% of the company's stock.

About Aurora Mobile

Aurora Mobile Limited, through its subsidiaries, provides a range of developer services in China. The company provides push notification, instant messaging, analytics, sharing and short message service, one-click verification, and other services. The company offers real-time market intelligence solutions, such as product iApp, which provides analysis and statistical results on the usage and trends of mobile apps to investment funds and corporations.

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