Investor’s Delight: Jumia Technologies Ag ADR (JMIA) Closes Strong at 6.45, Up 17.92

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The closing price of Jumia Technologies Ag ADR (NYSE: JMIA) was $6.45 for the day, up 17.92% from the previous closing price of $5.47. In other words, the price has increased by $17.92 from its previous closing price. On the day, 14.77 million shares were traded. JMIA stock price reached its highest trading level at $7.0 during the session, while it also had its lowest trading level at $5.97.

Ratios:

Our analysis of JMIA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.03.

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 the company, Morgan Stanley on January 03, 2024, Upgraded its rating to Equal-Weight and sets its target price to $3.60 from $3 previously.

On November 29, 2021, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight but kept the price unchanged to $11.

Stifel Downgraded its Buy to Hold on May 14, 2020, whereas the target price for the stock was revised from $8 to $4.50.

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 652346560 and an Enterprise Value of 992683072. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.28 while its Price-to-Book (P/B) ratio in mrq is 9.42. Its current Enterprise Value per Revenue stands at 5.325 whereas that against EBITDA is -14.456.

Stock Price History:

Over the past 52 weeks, JMIA has reached a high of $8.10, while it has fallen to a 52-week low of $2.22. The 50-Day Moving Average of the stock is 19.39%, while the 200-Day Moving Average is calculated to be 72.36%.

Shares Statistics:

JMIA traded an average of 3.55M shares per day over the past three months and 2270990 shares per day over the past ten 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 16.19% stake in the company. Shares short for JMIA as of 1713139200 were 7568804 with a Short Ratio of 2.13, compared to 1710460800 on 5807633. Therefore, it implies a Short% of Shares Outstanding of 7568804 and a Short% of Float of 7.5.

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