Home  »  Companies   »  Are we looking at the next big move in Jumia Techn...

Are we looking at the next big move in Jumia Technologies AG (JMIA)?

Jumia Technologies AG (NYSE: JMIA) is -20.74% lower on its value in year-to-date trading and has touched a low of $2.55 and a high of $69.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JMIA stock was last observed hovering at around $34.55 in the last trading session, with the day’s loss setting it -2.57% off its average median price target of $28.16 for the next 12 months. It is also 49.82% off the consensus price target high of $63.73 offered by 8 analysts, but current levels are -231.06% lower than the price target low of $9.66 for the same period.

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


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Currently trading at $31.98, the stock is -24.01% and -36.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.35 million and changing -7.44% at the moment leaves the stock 25.32% off its SMA200. JMIA registered 941.69% gain for a year compared to 6-month gain of 311.58%. The firm has a 50-day simple moving average (SMA 50) of $48.04 and a 200-day simple moving average (SMA200) of $32.85.

The stock witnessed a -27.83% loss in the last 1 month and extending the period to 3 months gives it a -26.69%, and is -21.92% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.45% over the week and 12.31% over the month.

Jumia Technologies AG (JMIA) has around 4067 employees, a market worth around $3.15B and $164.30M in sales. Distance from 52-week low is 1154.12% and -54.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-64.50%).

Jumia Technologies AG (JMIA) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Jumia Technologies AG (JMIA) is a “Hold”. 8 analysts offering their recommendations for the stock have an average rating of 3.10, where 6 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

Jumia Technologies AG is expected to release its quarterly report on 05/18/2021 and quarterly earnings per share for the current quarter are estimated at -$0.44 with sales reaching $42.13M over the same period.The EPS is expected to grow by 37.90% this year, but quarterly earnings will post 22.10% year-over-year. Quarterly sales are estimated to grow 26.90% in year-over-year returns.

Jumia Technologies AG (JMIA) Top Institutional Holders

109 institutions hold shares in Jumia Technologies AG (JMIA), with 80.67k shares held by insiders accounting for 0.09% while institutional investors hold 32.71% of the company’s shares. The shares outstanding are 98.59M, and float is at 77.25M with Short Float at 13.87%. Institutions hold 32.68% of the Float.

The top institutional shareholder in the company is Baillie Gifford and Company with over 8.96 million shares valued at $361.44 million. The investor’s holdings represent 9.99% of the JMIA Shares outstanding. As of Dec 30, 2020, the second largest holder is FMR, LLC with 2.26 million shares valued at $91.09 million to account for 2.52% of the shares outstanding. The other top investors are Morgan Stanley which holds 1.81 million shares representing 2.02% and valued at over $73.12 million, while Shaw D.E. & Co., Inc. holds 1.94% of the shares totaling 1.74 million with a market value of $70.05 million.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts

Hot Penny Stocks to Watch Today

The Covid-19 pandemic has made the biggest impact on blue chips and under $1 stocks (penny stocks), as is typical of the general business environment.




Download Free eBook For

100% free. stop anytime no spam