Market Insight: Jumia Technologies Ag ADR (JMIA)’s Notable Drop, Closing at 3.99

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In the latest session, Jumia Technologies Ag ADR (NYSE: JMIA) closed at $3.99 down -0.99% from its previous closing price of $4.03. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 1.93 million shares were traded. JMIA stock price reached its highest trading level at $4.0676 during the session, while it also had its lowest trading level at $3.92.

Ratios:

For a deeper understanding of Jumia Technologies Ag ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.73 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.07.

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 488627360 and an Enterprise Value of 662199104. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.25 while its Price-to-Book (P/B) ratio in mrq is 15.97. Its current Enterprise Value per Revenue stands at 3.654 whereas that against EBITDA is -13.183.

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 $2.88. The 50-Day Moving Average of the stock is -8.58%, while the 200-Day Moving Average is calculated to be -34.26%.

Shares Statistics:

For the past three months, JMIA has traded an average of 3.09M shares per day and 4173550 over the past ten days. A total of 102.23M shares are outstanding, with a floating share count of 101.87M. Insiders hold about 0.35% of the company’s shares, while institutions hold 31.17% stake in the company. Shares short for JMIA as of 1732838400 were 4994188 with a Short Ratio of 1.62, compared to 1730332800 on 5856077. Therefore, it implies a Short% of Shares Outstanding of 4994188 and a Short% of Float of 4.0900003.

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