Aurora Mobile (NASDAQ:JG) Issues Quarterly Earnings Results

Aurora Mobile (NASDAQ:JGGet Rating) posted its quarterly earnings results on Thursday. The company reported ($0.03) EPS for the quarter, reports. The company had revenue of $11.37 million for the quarter. Aurora Mobile had a negative return on equity of 40.20% and a negative net margin of 35.25%.

Aurora Mobile Stock Performance

JG traded down $0.02 on Friday, reaching $0.90. The company’s stock had a trading volume of 67,275 shares, compared to its average volume of 63,050. The stock has a 50 day moving average of $0.93 and a two-hundred day moving average of $0.99. Aurora Mobile has a fifty-two week low of $0.75 and a fifty-two week high of $1.94.

Wall Street Analysts Forecast Growth

Separately, Alliance Global Partners lowered shares of Aurora Mobile from a “buy” rating to a “neutral” rating in a report on Thursday, June 9th.

Institutional Investors Weigh In On Aurora Mobile

Several large investors have recently modified their holdings of the company. Virtu Financial LLC purchased a new stake in shares of Aurora Mobile during the second quarter worth approximately $44,000. Renaissance Technologies LLC raised its stake in shares of Aurora Mobile by 70.9% during the second quarter. Renaissance Technologies LLC now owns 120,306 shares of the company’s stock worth $128,000 after purchasing an additional 49,906 shares during the last quarter. Finally, UBS Group AG raised its stake in shares of Aurora Mobile by 2,928.7% during the first quarter. UBS Group AG now owns 137,987 shares of the company’s stock worth $152,000 after purchasing an additional 133,431 shares during the last quarter. 14.09% of the stock is owned by institutional investors and hedge funds.

Aurora Mobile Company Profile

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Aurora Mobile Limited, through its subsidiaries, operates as a mobile app developer service provider in China. The company provides push notification, instant messaging, analytics, sharing and short message service, one-click verification, and other services. Its vertical applications have expanded to market intelligence, financial risk management, and location-based intelligence; and 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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Earnings History for Aurora Mobile (NASDAQ:JG)

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