Aurora Mobile (NASDAQ:JG) Stock Price Up 3.3% – What’s Next?

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG)’s stock price traded up 3.3% during trading on Tuesday . The stock traded as high as $8.20 and last traded at $7.90. 10,305 shares were traded during mid-day trading, an increase of 58% from the average session volume of 6,532 shares. The stock had previously closed at $7.65.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Aurora Mobile in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Aurora Mobile Stock Performance

The firm has a market cap of $47.40 million, a P/E ratio of -98.75 and a beta of 0.60. The company’s 50 day moving average is $6.74 and its 200 day moving average is $8.40.

Aurora Mobile declared that its Board of Directors has approved a share buyback plan on Thursday, November 13th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its shares are undervalued.

Aurora Mobile Company Profile

Aurora Mobile (NASDAQ: JG) is a China‐based technology company specializing in mobile messaging and big data analytics. The company provides a one‐stop platform for developers and enterprises to integrate push notification services, in‐app messaging, and real‐time event tracking through a lightweight software development kit (SDK). Aurora Mobile’s platform is designed to help app publishers and brands enhance user engagement, retention and monetization by delivering timely and personalized content across mobile and web channels.

The company’s core offerings include smart push notifications, targeted messaging, user behavior analytics and data‐driven marketing tools.