The stock has a 36-month beta value of 2.94. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for JMIA is 101.87M, and at present, short sellers hold a 7.52% of that float. On October 21, 2024, the average trading volume of JMIA was 4.63M shares.
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JMIA) stock’s latest price update
The stock price of Jumia Technologies Ag ADR (NYSE: JMIA) has plunged by -3.46 when compared to previous closing price of 4.91, but the company has seen a -10.06% decline in its stock price over the last five trading sessions. zacks.com reported 2024-10-16 that Jumia Technologies (JMIA) closed at $5.03 in the latest trading session, marking a -0.59% move from the prior day.
JMIA’s Market Performance
Jumia Technologies Ag ADR (JMIA) has experienced a -10.06% fall in stock performance for the past week, with a 1.50% rise in the past month, and a -65.65% drop in the past quarter. The volatility ratio for the week is 5.11%, and the volatility levels for the past 30 days are at 6.65% for JMIA. The simple moving average for the last 20 days is -8.89% for JMIA stock, with a simple moving average of -21.20% for the last 200 days.
Analysts’ Opinion of JMIA
Many brokerage firms have already submitted their reports for JMIA stocks, with The Benchmark Company repeating the rating for JMIA by listing it as a “Buy.” The predicted price for JMIA in the upcoming period, according to The Benchmark Company is $14 based on the research report published on July 09, 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 $3.60, previously predicting the price at $3. The rating they have provided for JMIA stocks is “Equal-Weight” according to the report published on January 03rd, 2024.
Morgan Stanley gave a rating of “Underweight” to JMIA, setting the target price at $11 in the report published on November 29th of the previous year.
JMIA Trading at -4.18% 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 -68.48% of loss for the given period.
Volatility was left at 6.65%, however, over the last 30 days, the volatility rate increased by 5.11%, as shares surge +3.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.37% upper at present.
During the last 5 trading sessions, JMIA fell by -11.14%, which changed the moving average for the period of 200-days by +38.14% in comparison to the 20-day moving average, which settled at $5.20. In addition, Jumia Technologies Ag ADR saw 34.28% 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:
- -0.27 for the present operating margin
- 0.57 for the gross margin
The net margin for Jumia Technologies Ag ADR stands at -0.54. The total capital return value is set at -1.56. Equity return is now at value -154.79, with -51.31 for asset returns.
Based on Jumia Technologies Ag ADR (JMIA), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at -4.48. The debt to equity ratio resting at 0.32. The interest coverage ratio of the stock is -1.01.
Currently, EBITDA for the company is -58.64 million with net debt to EBITDA at 0.88. When we switch over and look at the enterprise to sales, we see a ratio of 2.38. The receivables turnover for the company is 11.14for trailing twelve months and the total asset turnover is 1.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.
Conclusion
To sum up, Jumia Technologies Ag ADR (JMIA) has seen a mixed 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.
