It’s an appealing income play to consider Jumia Technologies AG (JMIA)

The price of Jumia Technologies AG (NYSE: JMIA) closed at $4.00 in the last session, up 6.95% from day before closing price of $3.74. In other words, the price has increased by $+0.2600 from its previous closing price. On the day, 1413888 shares were traded. JMIA stock price reached its highest trading level at $4.0050 during the session, while it also had its lowest trading level at $3.7684.

Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

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We take a closer look at JMIA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 2.60. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.

Upgrades & Downgrades

On May 14, 2020, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $8 to $4.50.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 1.70.

Stock Price History:

Over the past 52 weeks, JMIA has reached a high of $12.53, while it has fallen to a 52-week low of $2.92. The 50-Day Moving Average of the stock is 3.9290, while the 200-Day Moving Average is calculated to be 6.0071.

Shares Statistics:

According to the various share statistics, JMIA traded on average about 2.48M shares per day over the past 3-months and 2.2M shares per day over the past 10 days. A total of 99.88M shares are outstanding, with a floating share count of 99.88M. Shares short for JMIA as of Oct 13, 2022 were 8.28M with a Short Ratio of 7.37M, compared to 8.53M on Sep 14, 2022.

Earnings Estimates

The company has 0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.