Market Momentum Report: Jumia Technologies Ag ADR (JMIA)’s Negative Close at 5.17

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The price of Jumia Technologies Ag ADR (NYSE: JMIA) closed at $5.17 in the last session, down -3.18% from day before closing price of $5.34. In other words, the price has decreased by -$3.18 from its previous closing price. On the day, 3.09 million shares were traded. JMIA stock price reached its highest trading level at $5.37 during the session, while it also had its lowest trading level at $5.08.

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 1.01 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.22.

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 633133696 and an Enterprise Value of 972042816. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.79 while its Price-to-Book (P/B) ratio in mrq is 20.69. Its current Enterprise Value per Revenue stands at 5.212 whereas that against EBITDA is -19.321.

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 $2.23. The 50-Day Moving Average of the stock is -19.85%, while the 200-Day Moving Average is calculated to be -12.27%.

Shares Statistics:

According to the various share statistics, JMIA traded on average about 5.72M shares per day over the past 3-months and 2682100 shares per day over the past 10 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 21.92% stake in the company. Shares short for JMIA as of 1726185600 were 7150806 with a Short Ratio of 1.25, compared to 1723680000 on 7699128. Therefore, it implies a Short% of Shares Outstanding of 7150806 and a Short% of Float of 5.86.

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