Aurora Mobile (NASDAQ:JG) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Aurora Mobile (NASDAQ:JG) from a hold rating to a buy rating in a research report released on Friday morning.

Aurora Mobile Stock Up 1.2%

JG opened at $11.74 on Friday. The firm has a market cap of $70.50 million, a PE ratio of -21.75 and a beta of 1.27. The business has a fifty day simple moving average of $9.23 and a 200-day simple moving average of $8.69. Aurora Mobile has a fifty-two week low of $2.36 and a fifty-two week high of $20.94.

Aurora Mobile (NASDAQ:JG) last issued its earnings results on Thursday, May 29th. The company reported ($0.06) EPS for the quarter. The business had revenue of $12.26 million during the quarter. Aurora Mobile had a negative return on equity of 9.17% and a negative net margin of 7.99%.

Institutional Trading of Aurora Mobile

An institutional investor recently bought a new position in Aurora Mobile stock. Citadel Advisors LLC acquired a new position in shares of Aurora Mobile Limited (NASDAQ:JG) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,449 shares of the company’s stock, valued at approximately $75,000. Citadel Advisors LLC owned approximately 0.18% of Aurora Mobile at the end of the most recent quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Aurora Mobile Company Profile

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.