Jumia Technologies Ag ADR (NYSE: JMIA) is 3.14% higher on its value in year-to-date trading and has touched a low of $2.89 and a high of $15.04 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 $3.84 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $3.94, the stock is 1.03% and -1.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.97 million and changing 2.60% at the moment leaves the stock -33.05% off its SMA200. JMIA registered 30.03% gain for a year compared to 6-month loss of -71.45%. The firm has a 50-day simple moving average (SMA 50) of $4.0208 and a 200-day simple moving average (SMA200) of $5.89085.
The stock witnessed a -0.51% gain in the last 1 month and extending the period to 3 months gives it a -17.92%, and is 4.23% up 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 4.71% over the week and 4.90% over the month.
Jumia Technologies Ag ADR (JMIA) has around 2915 employees, a market worth around $402.79M and $181.20M in sales. Profit margin for the company is -53.64%. Distance from 52-week low is 36.33% and -73.80% from its 52-week high. The company has generated returns on investments over the last 12 months (-88.29%).
with sales reaching $47.62M over the same period.The EPS is expected to grow by 26.00% this year, but quarterly earnings will post 3.04% year-over-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.
