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Aurora Mobile (NASDAQ:JG) Trading Down 3.2% - Here's What Happened

Aurora Mobile logo with Computer and Technology background

Key Points

  • Aurora Mobile's shares fell by 3.2% to $10.65, with a significant increase in trading volume of 84% compared to its average session.
  • Despite the decline, Wall Street Zen upgraded Aurora Mobile from a "hold" rating to a "buy" rating on May 30th.
  • During the last earnings report, the company posted a loss of $0.06 per share with a revenue of $12.26 million, indicating a negative net margin and return on equity.
  • Want stock alerts on Aurora Mobile? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG - Get Free Report) shares fell 3.2% during trading on Monday . The company traded as low as $10.63 and last traded at $10.65. 49,148 shares traded hands during trading, an increase of 84% from the average session volume of 26,664 shares. The stock had previously closed at $11.00.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Aurora Mobile from a "hold" rating to a "buy" rating in a research report on Friday, May 30th.

View Our Latest Stock Report on JG

Aurora Mobile Stock Performance

The company has a market cap of $58.80 million, a PE ratio of -61.25 and a beta of 1.44. The stock's 50 day moving average price is $11.00 and its 200-day moving average price is $9.93.

Aurora Mobile (NASDAQ:JG - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The company reported ($0.06) EPS for the quarter. The company had revenue of $12.26 million during the quarter. Aurora Mobile had a negative return on equity of 7.26% and a negative net margin of 2.13%.

Institutional Trading of Aurora Mobile

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

About Aurora Mobile

(Get Free Report)

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.

See Also

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