Aurora Mobile (NASDAQ:JG) Trading 3.4% Higher

Aurora Mobile Limited (NASDAQ:JG)’s share price shot up 3.4% during trading on Monday . The company traded as high as $3.25 and last traded at $3.01. 2,344 shares were traded during trading, a decline of 88% from the average session volume of 19,029 shares. The stock had previously closed at $2.91.

Analyst Ratings Changes

Separately, Alliance Global Partners upgraded Aurora Mobile from a “neutral” rating to a “buy” rating and set a $7.00 price objective for the company in a research report on Tuesday, March 12th.

Aurora Mobile Price Performance

The business has a 50-day simple moving average of $3.13 and a 200 day simple moving average of $2.83.

Aurora Mobile (NASDAQ:JG) last issued its quarterly earnings results on Tuesday, March 12th. The company reported ($0.07) EPS for the quarter. The company had revenue of $10.90 million during the quarter. Aurora Mobile had a negative return on equity of 30.47% and a negative net margin of 21.65%.

Aurora Mobile Company Profile

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.