Aurora Mobile (NASDAQ:JG) Stock Falls 5.3% – What’s Next?

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

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of Aurora Mobile from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, September 24th. One research 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 Price Performance

The firm has a 50 day simple moving average of $5.91 and a two-hundred day simple moving average of $5.89. The stock has a market cap of $38.64 million, a price-to-earnings ratio of 35.78 and a beta of 0.63.

Aurora Mobile (NASDAQ:JG) last issued its earnings results on Thursday, August 20th. The company reported $0.06 earnings per share (EPS) for the quarter. The firm 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%.

Insiders Place Their Bets

In related news, Director Hon Sang Lee sold 11,470 shares of Aurora Mobile stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $5.55, for a total transaction of $63,658.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 31.20% of the stock is owned by insiders.

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.