Understanding the Recent Fluctuations of Jumia Technologies Ag ADR’s (JMIA) Stock

In the past week, JMIA stock has gone up by 9.89%, with a monthly decline of -13.66% and a quarterly plunge of -16.12%. The volatility ratio for the week is 6.31%, and the volatility levels for the last 30 days are 6.33% for Jumia Technologies Ag ADR The simple moving average for the last 20 days is -1.13% for JMIA stock, with a simple moving average of -33.31% for the last 200 days.

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

The stock has a 36-month beta value of 2.91. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”

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The public float for JMIA is 101.87M, and at present, short sellers hold a 5.75% of that float. On November 26, 2024, the average trading volume of JMIA was 2.55M shares.

JMIA) stock’s latest price update

Jumia Technologies Ag ADR (NYSE: JMIA)’s stock price has plunge by 8.16relation to previous closing price of 3.80. Nevertheless, the company has seen a 9.89% surge in its stock price over the last five trading sessions. accesswire.com reported 2024-11-18 that Collaboration Offers Customers Diverse Payment Solutions and Flexible Installment Plans Through JumiaPay CAIRO, EGYPT / ACCESSWIRE / November 18, 2024 / Jumia Technologies AG (NYSE:JMIA), a leading e-commerce platform in Egypt, today announced a strategic partnership with Premium International for Financial Services, “Premium Card”, a company specializing in diverse payment solutions to enhance the online shopping experience and provide exceptional benefits to customers. “We are excited to announce this strategic partnership with Premium Card, which represents a significant opportunity to expand our service offerings.

Analysts’ Opinion of JMIA

Many brokerage firms have already submitted their reports for JMIA stocks, with RBC Capital Mkts repeating the rating for JMIA by listing it as a “Sector Perform.” The predicted price for JMIA in the upcoming period, according to RBC Capital Mkts is $5 based on the research report published on November 13, 2024 of the current year 2024.

The Benchmark Company, on the other hand, stated in their research note that they expect to see JMIA reach a price target of $14. The rating they have provided for JMIA stocks is “Buy” according to the report published on July 09th, 2024.

Morgan Stanley gave a rating of “Equal-Weight” to JMIA, setting the target price at $3.60 in the report published on January 03rd of the current year.

JMIA Trading at -12.40% 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 -72.67% of loss for the given period.

Volatility was left at 6.33%, however, over the last 30 days, the volatility rate increased by 6.31%, as shares sank -19.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.07% lower at present.

During the last 5 trading sessions, JMIA rose by +9.89%, which changed the moving average for the period of 200-days by +26.07% in comparison to the 20-day moving average, which settled at $4.16. In addition, Jumia Technologies Ag ADR saw 16.43% 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:

  • -0.3 for the present operating margin
  • 0.6 for the gross margin

The net margin for Jumia Technologies Ag ADR stands at -0.54. The total capital return value is set at -0.48. Equity return is now at value -101.00, with -43.88 for asset returns.

Based on Jumia Technologies Ag ADR (JMIA), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at -3.61. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is -1.14.

Currently, EBITDA for the company is -85.98 million with net debt to EBITDA at 1.84. When we switch over and look at the enterprise to sales, we see a ratio of 1.73. The receivables turnover for the company is 9.24for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.

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.

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