Jumia Technologies AG (NYSE: JMIA) is 23.05% higher on its value in year-to-date trading and has touched a low of $2.92 and a high of $12.53 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JMIA stock was last observed hovering at around $4.15 in the last trading session, with the day’s loss setting it -0.2% off its average median price target of $5.00 for the next 12 months. It is also 34.17% off the consensus price target high of $6.00 offered by 4 analysts, but current levels are 1.25% higher than the price target low of $4.00 for the same period.
Currently trading at $3.95, the stock is 10.17% and 0.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.66 million and changing -4.82% at the moment leaves the stock -33.87% off its SMA200. JMIA registered -51.41% loss for a year compared to 6-month loss of -26.85%.
The stock witnessed a 15.84% gain in the last 1 month and extending the period to 3 months gives it a -22.09%, and is -9.82% 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 8.26% over the week and 7.96% over the month.
Jumia Technologies AG (JMIA) has around 4484 employees, a market worth around $394.51M and $217.50M in sales. Distance from 52-week low is 35.27% and -68.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-56.70%).
Jumia Technologies AG (JMIA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Jumia Technologies AG (JMIA) is a “Underweight”. 4 analysts offering their recommendations for the stock, where 3 rate it as a Hold and 0 think it is a “Overweight”. 0 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 05/16/2023.The EPS is expected to shrink by -2.40% this year.
Jumia Technologies AG (JMIA) Top Institutional Holders
The shares outstanding are 99.88M, and float is at 99.88M with Short Float at 7.38%.
Jumia Technologies AG (JMIA): Who are the competitors?
The company’s main competitors (and peers) include Amazon.com Inc. (AMZN) that is trading -32.47% down over the past 12 months and Meta Platforms Inc. (META) that is -52.79% lower over the same period.