Aurora Mobile (NASDAQ:JG) Rating Lowered to “Hold” at Wall Street Zen

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

Aurora Mobile Stock Up 7.3%

JG stock opened at $10.99 on Thursday. Aurora Mobile has a twelve month low of $2.36 and a twelve month high of $20.94. The company has a market cap of $65.97 million, a PE ratio of -20.35 and a beta of 1.27. The business’s 50-day simple moving average is $9.14 and its 200 day simple moving average is $8.47.

Institutional Investors Weigh In On Aurora Mobile

A hedge fund recently bought a new stake in Aurora Mobile stock. Citadel Advisors LLC bought a new position in Aurora Mobile Limited (NASDAQ:JG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 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 reporting period. 85.47% of the stock is owned by institutional investors and hedge funds.

About Aurora Mobile

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.