Following The Money: Institution’s Growing Stake In Jumia Technologies Ag ADR (NYSE: JMIA)

Jumia Technologies Ag ADR (JMIA) concluded trading on Wednesday at a closing price of $5.61, with 3.91 million shares of worth about $21.94 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.27% during that period and on October 02, 2024 the price saw a gain of about 8.51%. Currently the company’s common shares owned by public are about 102.23M shares, out of which, 101.87M shares are available for trading.

Stock saw a price change of 20.39% in past 5 days and over the past one month there was a price change of 25.22%. Year-to-date (YTD), JMIA shares are showing a performance of 58.92% which increased to 96.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.23 but also hit the highest price of $15.04 during that period. The average intraday trading volume for Jumia Technologies Ag ADR shares is 5.72 million. The stock is currently trading 19.68% above its 20-day simple moving average (SMA20), while that difference is down -10.42% for SMA50 and it goes to -4.94% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Jumia Technologies Ag ADR (NYSE: JMIA) currently have 102.23M outstanding shares and institutions hold larger chunk of about 21.92% of that.

The stock has a current market capitalization of $573.51M and its 3Y-monthly beta is at 2.95. It has posted earnings per share of -$1.02 in the same period. It has Quick Ratio of 1.01 while making debt-to-equity ratio of 0.32. 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 9.17% while standing at 6.22% over the month.

Analysts are in expectations that Jumia Technologies Ag ADR (JMIA) stock would likely to be making an EPS of 0 in the current quarter, while forecast for next quarter EPS is 0 and it is 0 for next year. For the current quarter EPS, analysts have given the company a lowest target 0 which is 0 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 -0.48 in the same quarter a year ago.

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 The Benchmark Company on July 09, 2024 offering a Buy rating for the stock and assigned a target price of $14 to it. Coverage by Morgan Stanley stated Jumia Technologies Ag ADR (JMIA) stock as an Equal-weight in their note to investors on January 03, 2024, suggesting a price target of $3.60 for the stock. On November 29, 2021, Morgan Stanley Downgrade their recommendations, while on May 14, 2020, Stifel Downgrade their ratings for the stock with a price target of $4.50. Stock get a Hold rating from Berenberg on March 25, 2020.

Most Popular

Related Posts