Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Jumia Technologies Ag ADR’s stock clocked out at $2.27, up 5.58% from its previous closing price of $2.15. In other words, the price has increased by $5.58 from its previous closing price. On the day, 2.6 million shares were traded.
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 1.67 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.08.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 3.20.
Stock Price History:
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 -9.18%, while the 200-Day Moving Average is calculated to be -52.57%.
Shares Statistics:
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 23.84% stake in the company.
