Aurora Mobile (NASDAQ:JG) Trading 0.6% Higher – What’s Next?

Shares of Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) were up 0.6% during mid-day trading on Friday . The company traded as high as $11.75 and last traded at $11.00. Approximately 23,449 shares traded hands during trading, a decline of 89% from the average daily volume of 215,527 shares. The stock had previously closed at $10.94.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Aurora Mobile from a “hold” rating to a “buy” rating in a research report on Friday, May 30th.

Aurora Mobile Price Performance

The firm has a market cap of $66.01 million, a price-to-earnings ratio of -68.76 and a beta of 1.44. The company 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) last announced its quarterly earnings data on Thursday, May 29th. The company reported ($0.06) earnings per share for the quarter. The firm had revenue of $12.26 million during the quarter. Aurora Mobile had a negative net margin of 2.13% and a negative return on equity of 7.26%.

Institutional Trading of Aurora Mobile

A hedge fund recently bought a new stake in Aurora Mobile stock. Citadel Advisors LLC bought a new position in shares of Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 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 SEC filing. Institutional investors and hedge funds own 85.47% of the company’s stock.

About Aurora Mobile

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.