Aurora Mobile (NASDAQ:JG) Stock Price Down 5.3% – Time to Sell?

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG)’s stock price dropped 5.3% during mid-day trading on Tuesday. The company traded as low as $6.08 and last traded at $6.44. 7,461 shares changed hands during trading, an increase of 90% from the average session volume of 3,917 shares. The stock had previously closed at $6.80.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered Aurora Mobile from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, September 24th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Aurora Mobile presently has an average rating of “Sell”.

Aurora Mobile Stock Down 5.3%

The firm’s fifty day moving average is $5.86 and its two-hundred day moving average is $5.90. The firm has a market cap of $38.63 million, a P/E ratio of 35.78 and a beta of 0.63.

Aurora Mobile (NASDAQ:JG) last issued its quarterly earnings data on Thursday, August 20th. The company reported $0.06 EPS for the quarter. Aurora Mobile had a net margin of 1.53% and a return on equity of 6.23%. The business had revenue of $14.90 million during the quarter.

Insider Activity

In other news, Director Hon Sang Lee sold 11,470 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $5.55, for a total value of $63,658.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 31.20% of the company’s stock.

About Aurora Mobile

Aurora Mobile Limited (NASDAQ:JG) is a China-based provider of mobile developer services and customer engagement solutions. The company helps businesses and application developers communicate with users, analyze app activity, and improve mobile experiences through cloud-based tools and software development services.

Its product offerings have included JPush, a push-notification service; JAnalytics, an app analytics platform; JMessage, a real-time messaging service; and tools supporting user authentication, sharing, SMS communications, and mobile engagement.