Aurora Mobile (NASDAQ:JG) Releases Earnings Results, Misses Expectations By $0.14 EPS

Aurora Mobile (NASDAQ:JG) posted its quarterly earnings data on Monday. The company reported ($0.22) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.14), Fidelity Earnings reports. Aurora Mobile had a negative net margin of 53.51% and a negative return on equity of 46.70%.

NASDAQ JG opened at $1.41 on Wednesday. Aurora Mobile has a 1 year low of $1.40 and a 1 year high of $11.00. The company has a market cap of $165.97 million, a price-to-earnings ratio of -5.42 and a beta of 1.34. The business has a fifty day moving average price of $1.68.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Morgan Stanley grew its position in Aurora Mobile by 3,195.1% during the first quarter. Morgan Stanley now owns 92,790 shares of the company’s stock valued at $393,000 after buying an additional 89,974 shares during the period. Goldman Sachs Group Inc. bought a new position in Aurora Mobile during the second quarter worth about $75,000. Finally, Invesco Ltd. boosted its position in Aurora Mobile by 26.2% during the third quarter. Invesco Ltd. now owns 35,733 shares of the company’s stock worth $60,000 after purchasing an additional 7,426 shares during the period. Hedge funds and other institutional investors own 13.46% of the company’s stock.

A number of research firms recently issued reports on JG. Zacks Investment Research downgraded shares of Aurora Mobile from a “buy” rating to a “hold” rating in a research report on Tuesday, August 10th. Alliance Global Partners dropped their target price on shares of Aurora Mobile from $5.00 to $4.50 and set a “buy” rating on the stock in a research report on Thursday, September 9th. Finally, China Renaissance Securities began coverage on shares of Aurora Mobile in a research report on Monday, October 18th. They set a “buy” rating and a $4.07 target price on the stock.

Aurora Mobile Company Profile

Aurora Mobile Ltd. is a holding company, which engages in the provision of mobile big data solutions platform. It also offers mobile apps and core in-app functionalities needed by developers, including push notification, instant messaging, analytics, sharing, and short message service (SMS). The company was founded by Wei Dong Lou and Chen Fei in 2011 and is headquartered in Shenzhen, China.

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Earnings History for Aurora Mobile (NASDAQ:JG)

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