Home  »  Trending   »  Jumia Technologies AG (JMIA) Shares Decline Despit...

Jumia Technologies AG (JMIA) Shares Decline Despite Market Challenges

Jumia Technologies AG (NYSE: JMIA)’s stock price has gone decline by -3.11 in comparison to its previous close of 2.85, however, the company has experienced a -5.75% decrease in its stock price over the last five trading days.

Is It Worth Investing in Jumia Technologies AG (NYSE: JMIA) Right Now?

and a 36-month beta value of 2.51. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 1 as “sell.”

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

The average price predicted for Jumia Technologies AG (JMIA) by analysts is $3.00, which is $1.24 above the current market price. The public float for JMIA is 100.62M, and at present, short sellers hold a 9.42% of that float. On May 25, 2023, the average trading volume of JMIA was 1.74M shares.

JMIA’s Market Performance

JMIA’s stock has seen a -5.75% decrease for the week, with a 8.29% rise in the past month and a -16.82% fall in the past quarter. The volatility ratio for the week is 9.27%, and the volatility levels for the past 30 days are at 7.06% for Jumia Technologies AG The simple moving average for the past 20 days is -2.99% for JMIA’s stock, with a -38.49% simple moving average for the past 200 days.

JMIA Trading at -6.43% from the 50-Day Moving Average

After a stumble in the market that brought JMIA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -72.61% of loss for the given period.

Volatility was left at 7.06%, however, over the last 30 days, the volatility rate increased by 9.27%, as shares sank -0.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.68% lower at present.

During the last 5 trading sessions, JMIA fell by -5.80%, which changed the moving average for the period of 200-days by -60.12% in comparison to the 20-day moving average, which settled at $2.85. In addition, Jumia Technologies AG saw -13.97% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for JMIA

Current profitability levels for the company are sitting at:

  • -101.15 for the present operating margin
  • +53.53 for the gross margin

The net margin for Jumia Technologies AG stands at -107.37. The total capital return value is set at -73.20, while invested capital returns managed to touch -78.54. Equity return is now at value -92.40, with -57.50 for asset returns.

Based on Jumia Technologies AG (JMIA), the company’s capital structure generated 7.90 points at debt to equity in total, while total debt to capital is 7.33. Total debt to assets is 4.19, with long-term debt to equity ratio resting at 4.97. Finally, the long-term debt to capital ratio is 4.61.

The receivables turnover for the company is 7.35 and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.04.

Conclusion

To sum up, Jumia Technologies AG (JMIA) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.