Shares of Aurora Mobile Limited (NASDAQ:JG – Get Free Report) rose 3.4% on Monday . The company traded as high as $3.25 and last traded at $3.01. Approximately 2,344 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 19,029 shares. The stock had previously closed at $2.91.
Wall Street Analyst Weigh In
Separately, Alliance Global Partners raised shares of Aurora Mobile from a “neutral” rating to a “buy” rating and set a $7.00 price objective on the stock in a research report on Tuesday, March 12th.
Get Our Latest Research Report on Aurora Mobile
Aurora Mobile Price Performance
Aurora Mobile (NASDAQ:JG – Get Free Report) last posted its quarterly earnings results on Tuesday, March 12th. The company reported ($0.07) EPS for the quarter. Aurora Mobile had a negative return on equity of 30.47% and a negative net margin of 21.65%. The company had revenue of $10.90 million during the quarter.
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.
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