Aurora Mobile (NASDAQ:JG) Stock Price Down 2.8% – Should You Sell?

Aurora Mobile Limited Sponsored ADR (NASDAQ:JGGet Free Report) shares dropped 2.8% on Tuesday . The stock traded as low as $4.30 and last traded at $4.53. Approximately 68,135 shares traded hands during trading, an increase of 996% from the average session volume of 6,214 shares. The stock had previously closed at $4.66.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Aurora Mobile in a research report on Monday, June 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Aurora Mobile currently has an average rating of “Hold”.

View Our Latest Analysis on JG

Aurora Mobile Stock Performance

The company has a market cap of $27.18 million, a price-to-earnings ratio of 37.75 and a beta of 0.59. The firm has a fifty day moving average price of $5.55 and a 200 day moving average price of $6.62.

Insider Buying and Selling

In other Aurora Mobile news, Director Hon Sang Lee sold 10,000 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $5.70, for a total value of $57,000.00. Following the completion of the sale, the director owned 6,564 shares in the company, valued at $37,414.80. This trade represents a 60.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 31.20% of the stock is currently owned by corporate insiders.

About Aurora Mobile

(Get Free Report)

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.

Further Reading

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