With 2.09 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.65 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $15.0 whereas the lowest price it dropped to was $10.201. The 52-week range on JG shows that it touched its highest point at $20.94 and its lowest point at $2.32 during that stretch. It currently has a 1-year price target of $6.99. Beta for the stock currently stands at 1.25.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of JG was up-trending over the past week, with a rise of 83.44%, but this was up by 88.33% over a month. Three-month performance surged to 47.33% while six-month performance rose 321.44%. The stock gained 246.49% in the past year, while it has gained 59.86% so far this year.
Float and Shares Shorts:
At present, 4.64 million JG shares are outstanding with a float of 4.20 million shares on hand for trading. On 2024-10-31, short shares totaled 24211.0, which was 40.0 higher than short shares on 1727654400. In addition to Mr. Weidong Luo as the firm’s Co-Founder, Chairman & CEO, Mr. Shan-Nen Bong serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.00125 of JG’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, JG reported revenue of $79052000.0 and operating income of -$3644000.0. The EBITDA in the recently reported quarter was -$2385000.0 and diluted EPS was -$0.399999.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JG since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
Analysts have provided yearly estimates in a range of -$0.57377 being high and -$0.57377 being low. For JG, this leads to a yearly average estimate of -$0.57377. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
