Set Your Sights On Jumia Technologies Ag ADR (NYSE: JMIA)’S Upside Potential

Jumia Technologies Ag ADR (JMIA) concluded trading on Thursday at a closing price of $4.14, with 2.69 million shares of worth about $11.13 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -42.98% during that period and on December 26, 2024 the price saw a loss of about -1.90%. 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 -0.96% in past 5 days and over the past one month there was a price change of 0.73%. Year-to-date (YTD), JMIA shares are showing a performance of 17.28% which increased to 8.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.88 but also hit the highest price of $15.04 during that period. The average intraday trading volume for Jumia Technologies Ag ADR shares is 3.10 million. The stock is currently trading -3.01% below its 20-day simple moving average (SMA20), while that difference is down -4.28% for SMA50 and it goes to -31.52% lower than SMA200.

Jumia Technologies Ag ADR (NYSE: JMIA) currently have 102.23M outstanding shares and institutions hold larger chunk of about 31.17% of that.

The stock has a current market capitalization of $423.23M and its 3Y-monthly beta is at 2.88. It has posted earnings per share of -$1.02 in the same period. It has Quick Ratio of 1.73 while making debt-to-equity ratio of 0.11. 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 6.38% while standing at 8.67% over the month.

Stock’s fiscal year EPS is expected to rise by 26.00% while it is estimated to increase by 54.05% in next year.

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 RBC Capital Mkts on November 13, 2024 offering a Sector perform rating for the stock and assigned a target price of $5 to it. Coverage by The Benchmark Company stated Jumia Technologies Ag ADR (JMIA) stock as a Buy in their note to investors on July 09, 2024, suggesting a price target of $14 for the stock. On January 03, 2024, Morgan Stanley Upgrade their recommendations, while on November 29, 2021, Morgan Stanley Downgrade their ratings for the stock with a price target of $11. Stock get a Hold rating from Stifel on May 14, 2020.

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