Jumia Technologies Ag ADR (NYSE: JMIA) is -1.05% lower on its value in year-to-date trading and has touched a low of $2.88 and a high of $15.04 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 $3.65 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $3.78, the stock is -5.70% and -7.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.24 million and changing 3.56% at the moment leaves the stock -36.14% off its SMA200. JMIA registered 18.50% gain for a year compared to 6-month loss of -71.96%. The firm has a 50-day simple moving average (SMA 50) of $4.1098 and a 200-day simple moving average (SMA200) of $5.9255.
The stock witnessed a -18.53% gain in the last 1 month and extending the period to 3 months gives it a -28.27%, and is -5.97% 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 4.35% over the week and 6.10% over the month.
Jumia Technologies Ag ADR (JMIA) has around 2915 employees, a market worth around $386.43M and $181.20M in sales. Profit margin for the company is -53.64%. Distance from 52-week low is 31.25% and -74.87% from its 52-week high. The company has generated returns on investments over the last 12 months (-88.29%).
The EPS is expected to grow by 26.00% this year
The shares outstanding are 102.23M, and float is at 101.87M with Short Float at 6.24%.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 9.11 million shares valued at $63.93 million. The investor’s holdings represent 9.0039 of the JMIA Shares outstanding. As of 2024-06-30, the second largest holder is D. E. SHAW & CO., INC. with 4.26 million shares valued at $29.89 million to account for 4.2102 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 1.26 million shares representing 1.2496 and valued at over $8.87 million, while HIDDEN LAKE ASSET MANAGEMENT LP holds 1.1229 of the shares totaling 1.14 million with a market value of $7.97 million.
