Aurora Mobile (NASDAQ:JG) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $6.41 and traded as low as $6.26. Aurora Mobile shares last traded at $6.34, with a volume of 5,059 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Aurora Mobile from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, October 12th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, Aurora Mobile presently has an average rating of “Hold”.

Aurora Mobile Trading Down 6.2%

The company has a market cap of $38.04 million, a price-to-earnings ratio of 35.22 and a beta of 0.55. The business has a fifty day moving average of $6.83 and a two-hundred day moving average of $6.41.

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

Insider Activity

In other news, Director Hon Sang Lee sold 11,470 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $5.55, for a total transaction of $63,658.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 31.20% of the stock is owned by company insiders.

Aurora Mobile Company Profile

Aurora Mobile Limited (NASDAQ: JG) is a technology company that provides mobile developer services and enterprise customer-engagement solutions. Its platform helps businesses and application developers communicate with users, analyze application activity, and support marketing and operational initiatives.

The company’s offerings have included push-notification services through JPush, as well as tools for user engagement, application analytics, messaging, authentication, sharing, and deep linking.