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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Jumia Technologies Ag ADR’s stock clocked out at $12.23, down -6.64% from its previous closing price of $13.10. In other words, the price has decreased by -$6.64 from its previous closing price. On the day, 4.52 million shares were traded. JMIA stock price reached its highest trading level at $13.72 during the session, while it also had its lowest trading level at $12.09.
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 1.19 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 1250333952 and an Enterprise Value of 2380164608. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.13 while its Price-to-Book (P/B) ratio in mrq is 28.76. Its current Enterprise Value per Revenue stands at 12.266 whereas that against EBITDA is -48.022.
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 $2.22. The 50-Day Moving Average of the stock is 37.05%, while the 200-Day Moving Average is calculated to be 132.79%.
Shares Statistics:
It appears that JMIA traded 5.41M shares on average per day over the past three months and 7476410 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 25.81% stake in the company. Shares short for JMIA as of 1721001600 were 5867200 with a Short Ratio of 1.08, compared to 1718323200 on 4923304. Therefore, it implies a Short% of Shares Outstanding of 5867200 and a Short% of Float of 5.7600003.
