Jumia Technologies Ag ADR (JMIA) Stock Faces 7.61% Weekly Volatility

The stock of Jumia Technologies Ag ADR (JMIA) has gone down by -5.72% for the week, with a -26.05% drop in the past month and a 44.76% rise in the past quarter. The volatility ratio for the week is 7.61%, and the volatility levels for the past 30 days are 10.46% for JMIA. The simple moving average for the past 20 days is -18.10% for JMIA’s stock, with a 40.73% simple moving average for the past 200 days.

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

Company’s 36-month beta value is 2.93.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for JMIA is 100.26M, and currently, short sellers hold a 5.79% ratio of that floaft. The average trading volume of JMIA on April 02, 2024 was 3.04M shares.

JMIA) stock’s latest price update

The stock price of Jumia Technologies Ag ADR (NYSE: JMIA) has plunged by 0.00 when compared to previous closing price of 5.11, but the company has seen a -5.72% decline in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-04 that Small-cap stocks haven’t quite caught up to wider investor sentiment, but that trend is set to change. While large- and mega-caps like those within the S&P 500 survived and, in many cases, thrived, over the past year, small-cap indices like the S&P 600 underperformed — 26%+ and 5.5%, respectively.

Analysts’ Opinion of JMIA

Many brokerage firms have already submitted their reports for JMIA stocks, with Morgan Stanley repeating the rating for JMIA by listing it as a “Equal-Weight.” The predicted price for JMIA in the upcoming period, according to Morgan Stanley is $3.60 based on the research report published on January 03, 2024 of the current year 2024.

Morgan Stanley, on the other hand, stated in their research note that they expect to see JMIA reach a price target of $11. The rating they have provided for JMIA stocks is “Underweight” according to the report published on November 29th, 2021.

Stifel gave a rating of “Hold” to JMIA, setting the target price at $4.50 in the report published on May 14th of the previous year.

JMIA Trading at 7.11% 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 -36.91% of loss for the given period.

Volatility was left at 10.46%, however, over the last 30 days, the volatility rate increased by 7.61%, as shares sank -29.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +70.14% upper at present.

During the last 5 trading sessions, JMIA fell by -8.03%, which changed the moving average for the period of 200-days by +37.33% in comparison to the 20-day moving average, which settled at $6.13. In addition, Jumia Technologies Ag ADR saw 44.76% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for JMIA

Current profitability levels for the company are sitting at:

  • -0.39 for the present operating margin
  • 0.58 for the gross margin

The net margin for Jumia Technologies Ag ADR stands at -0.52. The total capital return value is set at -0.93. Equity return is now at value -84.49, with -37.79 for asset returns.

Based on Jumia Technologies Ag ADR (JMIA), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at -11.97. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is -2.46.

Currently, EBITDA for the company is -200.46 million with net debt to EBITDA at 0.49. When we switch over and look at the enterprise to sales, we see a ratio of 2.44. The receivables turnover for the company is 7.48for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.

Conclusion

In a nutshell, Jumia Technologies Ag ADR (JMIA) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.

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