Gaining Ground: Jumia Technologies Ag ADR (JMIA) Closes Higher at 13.48, Up 2.12

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The price of Jumia Technologies Ag ADR (NYSE: JMIA) closed at $13.48 in the last session, up 2.12% from day before closing price of $13.20. In other words, the price has increased by $2.12 from its previous closing price. On the day, 9.61 million shares were traded. JMIA stock price reached its highest trading level at $14.3897 during the session, while it also had its lowest trading level at $13.12.

Ratios:

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 1.19 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.05.

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, The Benchmark Company on July 09, 2024, initiated with a Buy rating and assigned the stock a target price of $14.

On January 03, 2024, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also upped its target price recommendation from $3 to $3.60.

Morgan Stanley Downgraded its Equal-Weight to Underweight on November 29, 2021, while the target price for the stock was maintained at $11.

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 1378127744 and an Enterprise Value of 2633293056. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.76 while its Price-to-Book (P/B) ratio in mrq is 31.70. Its current Enterprise Value per Revenue stands at 13.571 whereas that against EBITDA is -53.129.

Stock Price History:

The Beta on a monthly basis for JMIA is 3.12, which has changed by 2.0089285 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, JMIA has reached a high of $13.55, while it has fallen to a 52-week low of $2.22. The 50-Day Moving Average of the stock is 76.30%, while the 200-Day Moving Average is calculated to be 181.42%.

Shares Statistics:

According to the various share statistics, JMIA traded on average about 4.56M shares per day over the past 3-months and 8290450 shares per day over the past 10 days. A total of 101.14M shares are outstanding, with a floating share count of 100.78M. Insiders hold about 0.35% of the company’s shares, while institutions hold 18.43% stake in the company. Shares short for JMIA as of 1719532800 were 6591648 with a Short Ratio of 1.45, compared to 1717113600 on 5746667. Therefore, it implies a Short% of Shares Outstanding of 6591648 and a Short% of Float of 6.4799999999999995.

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