Jumia Technologies Ag ADR (NYSE:JMIA) price on current trading day, rose 0.42% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $3.80.
A look at the stock’s price movement, the level at last check in today’s session was $3.78, moving within a range at $3.73 and $3.8349. The beta value (5-Year monthly) was 2.962. Turning to its 52-week performance, $15.04 and $2.88 were the 52-week high and 52-week low respectively. Overall, JMIA moved -12.74% over the past month.
Jumia Technologies Ag ADR’s market cap currently stands at around $388.03 million, with investors looking forward to this quarter’s earnings report slated for in February.
Analysts have a consensus estimate of 47.62M for the company’s revenue for the quarter, with a low and high estimate of 47.62M and 47.62M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 182.52M, representing a 5.35% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that JMIA is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend JMIA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
JMIA’s current price about -4.51% and -6.92% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.53, while 7-day volatility ratio is 4.35% and 6.10% in the 30-day chart. Further, Jumia Technologies Ag ADR (JMIA) has a beta value of 2.87, and an average true range (ATR) of 0.26. Analysts have given the company’s stock an average 52-week price target of $9, forecast between a low of $9 and high of $9. Looking at the price targets, the low is -136.84% off recent price level in today’s trading while to achieve the yearly target high, it has to move -136.84%. Nonetheless, investors will most likely welcome a -136.84% jump to $9 which is the analysts’ median price.
If we refocus on Jumia Technologies Ag ADR (NYSE:JMIA), historical trading data shows that trading volumes averaged 2.42 over the past 10 days and 2.99 million over the past 3 months. The company’s latest data on shares outstanding shows there are 102.23 million shares.
The 0.35% of Jumia Technologies Ag ADR’s shares are in the hands of company insiders while institutional holders own 31.29% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.36 million on 2024-12-31, giving us a short ratio of 1.58. The data shows that as of 2024-12-31 short interest in Jumia Technologies Ag ADR (JMIA) stood at 521.0 of shares outstanding, with shares short rising to 4.99 million registered in 2024-11-29. Current price change has pushed the stock -0.64% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the JMIA stock continues to rise going into the next quarter.
