Jumia Technologies Ag ADR (NYSE:JMIA) price on Thursday, April 10, fall -4.85% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.96.
A look at the stock’s price movement, the close in the last trading session was $2.06, moving within a range at $1.87 and $2.025. The beta value (5-Year monthly) was 2.91. Turning to its 52-week performance, $15.04 and $1.60 were the 52-week high and 52-week low respectively. Overall, JMIA moved -16.95% over the past month.
Jumia Technologies Ag ADR’s market cap currently stands at around $240.02 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-19.
Analysts have a consensus estimate of 37.36M for the company’s revenue for the quarter, with a low and high estimate of 37.36M and 37.36M respectively. The average forecast suggests down to a -17.62% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 174.15M, representing a 8.21% 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 -11.67% and -30.19% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.85, while 7-day volatility ratio is 15.10% and 7.51% in the 30-day chart. Further, Jumia Technologies Ag ADR (JMIA) has a beta value of 2.80, and an average true range (ATR) of 0.19. 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 -359.18% off current price level while to achieve the yearly target high, price needs to move -359.18%. Nonetheless, investors will most likely welcome a -359.18% 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 5.25 over the past 10 days and 3.39 million over the past 3 months. The company’s latest data on shares outstanding shows there are 122.46 million shares.
The 0.35% of Jumia Technologies Ag ADR’s shares are in the hands of company insiders while institutional holders own 23.79% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 9.42 million on 2025-03-14, giving us a short ratio of 2.12. The data shows that as of 2025-03-14 short interest in Jumia Technologies Ag ADR (JMIA) stood at 771.99996 of shares outstanding, with shares short rising to 8.13 million registered in 2025-02-14. Current price change has pushed the stock -48.69% 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.
