Jumia Technologies Ag ADR (JMIA)’s Market Momentum: Closing Strong at 3.45, Up 6.81%

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As of close of business last night, Jumia Technologies Ag ADR’s stock clocked out at $3.45, up 6.81% from its previous closing price of $3.23. In other words, the price has increased by $6.81% from its previous closing price. On the day, 2.51 million shares were traded. JMIA stock price reached its highest trading level at $3.49 during the session, while it also had its lowest trading level at $3.29.

Ratios:

To gain a deeper understanding of JMIA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.12.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, RBC Capital Mkts on November 13, 2024, initiated with a Sector Perform rating and assigned the stock a target price of $5.

On July 09, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $14.

Morgan Stanley Upgraded its Underweight to Equal-Weight on January 03, 2024, whereas the target price for the stock was revised from $3 to $3.60.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JMIA now has a Market Capitalization of 422497344 and an Enterprise Value of 746111488. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.73 while its Price-to-Book (P/B) ratio in mrq is 4.87. Its current Enterprise Value per Revenue stands at 4.818 whereas that against EBITDA is -10.225.

Stock Price History:

The Beta on a monthly basis for JMIA is 2.89, which has changed by -0.5260989 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, JMIA has reached a high of $15.04, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is 18.83%, while the 200-Day Moving Average is calculated to be -5.07%.

Shares Statistics:

It appears that JMIA traded 3.14M shares on average per day over the past three months and 2625870 shares per day over the past ten days. A total of 122.46M shares are outstanding, with a floating share count of 122.03M. Insiders hold about 0.35% of the company’s shares, while institutions hold 11.31% stake in the company. Shares short for JMIA as of 1748563200 were 8824500 with a Short Ratio of 2.81, compared to 1745971200 on 6343064. Therefore, it implies a Short% of Shares Outstanding of 8824500 and a Short% of Float of 7.23.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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