Aurora Mobile (NASDAQ:JG) Stock Falls 0.8% – Here’s What Happened

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) fell 0.8% during mid-day trading on Monday. The stock traded as low as $6.94 and last traded at $7.60. 35,028 shares were traded during mid-day trading, an increase of 83% from the average session volume of 19,123 shares. The stock had previously closed at $7.66.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Aurora Mobile from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, October 12th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Aurora Mobile Price Performance

The firm’s 50-day moving average is $6.74 and its two-hundred day moving average is $6.41. The company has a market cap of $45.60 million, a P/E ratio of 42.22 and a beta of 0.55.

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

Insider Buying and Selling at Aurora Mobile

In other news, Director Hon Sang Lee sold 11,470 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $5.55, for a total transaction 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.

Aurora Mobile Company Profile

Aurora Mobile Limited (NASDAQ: JG) is a technology company that provides mobile developer services and enterprise customer-engagement solutions. Its platform helps businesses and application developers communicate with users, analyze application activity, and support marketing and operational initiatives.

The company’s offerings have included push-notification services through JPush, as well as tools for user engagement, application analytics, messaging, authentication, sharing, and deep linking.