Aurora Mobile (NASDAQ:JG) Shares Up 2.1% – Here’s Why

Aurora Mobile Limited (NASDAQ:JG) shares rose 2.1% on Tuesday . The stock traded as high as $8.86 and last traded at $8.62. Approximately 6,422 shares changed hands during trading, a decline of 97% from the average daily volume of 214,888 shares. The stock had previously closed at $8.44.

Aurora Mobile Price Performance

The business’s fifty day moving average price is $9.29 and its 200-day moving average price is $8.26. The stock has a market capitalization of $51.72 million, a PE ratio of -15.95 and a beta of 1.27.

Institutional Investors Weigh In On Aurora Mobile

A hedge fund recently bought a new stake in Aurora Mobile stock. Citadel Advisors LLC purchased a new position in Aurora Mobile Limited (NASDAQ:JG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,449 shares of the company’s stock, valued at approximately $75,000. Citadel Advisors LLC owned about 0.18% of Aurora Mobile at the end of the most recent reporting period. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

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.