Jumia Technologies Ag ADR (JMIA) concluded trading on 11/22/23 at a closing price of $3.18, with 3.01 million shares of worth about $9.56 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.58% during that period and on Wednesday the price saw a gain of about 11.58%. Currently the company’s common shares owned by public are about 100.62M shares, out of which, 100.26M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 2 analysts are covering the JMIA stock and their offered price forecasts bring an average price target of $3.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $3.00 and could fall to a lowest price of $3.00. The stock’s current price level is -6.0% below of average price target set by the analysts, while a dip to estimated low would result in loss of -6.0% for the stock. However, touching the estimated high of $3.00 would mean a loss of -6.0% for the stock.
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Jumia Technologies Ag ADR (NYSE: JMIA) started trading at $2.91, above $0.06 from concluding price of the previous day. However, the stock later moved at a day high price of 3.2400, or with a gain of 11.58%. Stock saw a price change of 13.17% in past 5 days and over the past one month there was a price change of 31.40%. Year-to-date (YTD), JMIA shares are showing a performance of -0.93% which decreased to -26.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.22 but also hit the highest price of $5.09 during that period. The average intraday trading volume for Jumia Technologies Ag ADR shares is 1.22 million. The stock is currently trading 22.45% above its 20-day simple moving average (SMA20), while that difference is up 22.89% for SMA50 and it goes to 0.66% higher than SMA200.
Jumia Technologies Ag ADR (NYSE: JMIA) currently have 100.62M outstanding shares and institutions hold larger chunk of about 17.70% of that.
The stock has a current market capitalization of $319.97M and its 3Y-monthly beta is at 2.64. It has posted earnings per share of -$1.41 in the same period. It has Quick Ratio of 1.51 while making debt-to-equity ratio of 0.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for JMIA, volatility over the week remained 7.34% while standing at 6.37% over the month.
Analysts are in expectations that Jumia Technologies Ag ADR (JMIA) stock would likely to be making an EPS of $JUPITER MARINE INTL HLDGS INC in the current quarter, while forecast for next quarter EPS is $0.00 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $JPMorgan U.S. Minimum Volatilit which is $JMBA at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $CMIA in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 57.01% while it is estimated to increase by 28.48% in next year.
Analysts at 2 brokerage firms have issued recommendations for the Jumia Technologies Ag ADR (JMIA)’s stock and average of those rates the stock at a “Moderate Sell” and assign it a score of 4.00. Out of those 2 Wall Street analysts, 0 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 1 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on November 29, 2021 offering an Underweight rating for the stock and assigned a target price of $11 to it.
