Shares of Aurora Mobile Limited Sponsored ADR (NASDAQ:JG - Get Free Report) traded up 0.6% during mid-day trading on Friday . The stock traded as high as $11.75 and last traded at $11.00. 23,449 shares changed hands during trading, a decline of 89% from the average session volume of 215,527 shares. The stock had previously closed at $10.94.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded Aurora Mobile from a "hold" rating to a "buy" rating in a report on Friday, May 30th.
View Our Latest Stock Report on JG
Aurora Mobile Stock Performance
The firm has a market capitalization of $66.01 million, a P/E ratio of -68.76 and a beta of 1.44. The stock has a fifty day moving average price of $10.17 and a two-hundred day moving average price of $9.32.
Aurora Mobile (NASDAQ:JG - Get Free Report) last issued its quarterly earnings results on Thursday, May 29th. The company reported ($0.06) earnings per share for the quarter. Aurora Mobile had a negative net margin of 2.13% and a negative return on equity of 7.26%. The firm had revenue of $12.26 million during the quarter.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Aurora Mobile stock. Citadel Advisors LLC purchased a new position in shares of Aurora Mobile Limited Sponsored ADR (NASDAQ:JG - Free Report) in 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 0.18% of Aurora Mobile as of its most recent filing with the Securities and Exchange Commission. 85.47% of the stock is owned by institutional investors.
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.
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