Aurora Mobile (NASDAQ:JG) Stock Price Breaks Below 200-Day Moving Average – Should You Sell?

Aurora Mobile Limited Sponsored ADR (NASDAQ:JG)’s stock price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $6.41 and traded as low as $6.26. Aurora Mobile shares last traded at $6.34, with a volume of 5,059 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Aurora Mobile from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, October 12th. One analyst has rated the stock with a Hold rating. According to data from MarketBeat, Aurora Mobile has an average rating of “Hold”.

Aurora Mobile Trading Down 6.2%

The stock has a market capitalization of $38.04 million, a P/E ratio of 35.22 and a beta of 0.55. The company’s 50-day moving average is $6.83 and its two-hundred day moving average is $6.41.

Aurora Mobile (NASDAQ:JG) last posted its earnings results on Thursday, August 20th. The company reported $0.06 EPS for the quarter. Aurora Mobile had a net margin of 1.53% and a return on equity of 6.23%. The firm had revenue of $14.90 million during the quarter.

Insider Activity

In other news, Director Hon Sang Lee sold 11,470 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $5.55, for a total transaction of $63,658.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 31.20% of the company’s stock.

About Aurora Mobile

Aurora Mobile Limited (NASDAQ: JG) is a technology company that provides mobile developer services and enterprise customer-engagement solutions. Its platform helps businesses and application developers communicate with users, analyze application activity, and support marketing and operational initiatives.

The company’s offerings have included push-notification services through JPush, as well as tools for user engagement, application analytics, messaging, authentication, sharing, and deep linking.