Aurora Mobile (NASDAQ:JG) released its earnings results on Wednesday. The company reported ($0.24) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.13) by $0.89, Fidelity Earnings reports. Aurora Mobile had a negative net margin of 48.33% and a negative return on equity of 42.25%.
JG traded up $0.13 on Friday, reaching $3.16. 17,991 shares of the company traded hands, compared to its average volume of 2,373,168. Aurora Mobile has a one year low of $1.40 and a one year high of $11.00. The firm has a fifty day moving average price of $3.38. The firm has a market capitalization of $371.95 million, a P/E ratio of -11.79 and a beta of 1.42.
Several research firms have recently issued reports on JG. Alliance Global Partners began coverage on shares of Aurora Mobile in a report on Tuesday, May 4th. They issued a “buy” rating and a $7.00 target price for the company. Oppenheimer began coverage on shares of Aurora Mobile in a report on Tuesday, April 27th. They issued an “outperform” rating and a $6.00 target price for the company.
About Aurora Mobile
Aurora Mobile Limited, through its subsidiaries, provides mobile big data solutions platform in the People's Republic of China. The company offers targeted marketing, market intelligence, financial risk management, and location-based intelligence services. Its developer services provide core in-app functionalities needed by developers, including push notification, instant messaging, analytics, sharing, short message service, verification, and device connection.
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