Shares of Aurora Mobile Limited Sponsored ADR (NASDAQ:JG - Get Free Report) shot up 4.3% on Wednesday . The company traded as high as $10.15 and last traded at $10.01. 24,850 shares traded hands during trading, an increase of 285% from the average session volume of 6,459 shares. The stock had previously closed at $9.60.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded Aurora Mobile from a "hold" rating to a "buy" rating in a research note on Friday, May 30th.
Read Our Latest Stock Analysis on JG
Aurora Mobile Stock Performance
The stock has a market capitalization of $60.06 million, a P/E ratio of -62.56 and a beta of 1.47. The business has a 50-day moving average price of $10.30 and a 200 day moving average price of $9.99.
Hedge Funds Weigh In On Aurora Mobile
An institutional investor recently bought a new position in Aurora Mobile stock. Citadel Advisors LLC purchased a new position in Aurora Mobile Limited Sponsored ADR (NASDAQ:JG - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,449 shares of the company's stock, valued at approximately $75,000. Citadel Advisors LLC owned approximately 0.18% of Aurora Mobile at the end of the most recent reporting period. 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Aurora Mobile, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aurora Mobile wasn't on the list.
While Aurora Mobile currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
