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

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

Analyst Ratings Changes

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

Aurora Mobile Stock Performance

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

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

Insider Buying and Selling

In other news, Director Hon Sang Lee sold 11,470 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $5.55, for a total value of $63,658.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 31.20% of the company’s stock.

About Aurora Mobile

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.