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Check out this: Jumia Technologies Ag ADR (JMIA) could be on the verge of a big rally

Jumia Technologies Ag ADR (NYSE: JMIA) is -29.06% lower on its value in year-to-date trading and has touched a low of $2.69 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 $2.76 in the last trading session, with the day’s loss setting it -0.05%.

Currently trading at $2.71, the stock is -29.24% and -31.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.34 million and changing -1.81% at the moment leaves the stock -53.35% off its SMA200. JMIA registered -35.32% loss for a year compared to 6-month loss of -47.58%..

The stock witnessed a -31.22% gain in the last 1 month and extending the period to 3 months gives it a -27.15%, and is -34.70% 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 9.38% over the week and 6.27% over the month.

Jumia Technologies Ag ADR (JMIA) has around 2915 employees, a market worth around $277.04M and $167.49M in sales. Profit margin for the company is -59.16%. Distance from 52-week low is 0.74% and -81.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-105.35%).

with sales reaching $37.36M over the same period., but quarterly earnings will post 10.19% year-over-year. Quarterly sales are estimated to shrink -17.62% in year-over-year returns.

Jumia Technologies Ag ADR (JMIA) Top Institutional Holders

The shares outstanding are 102.23M, and float is at 101.87M with Short Float at 6.81%.

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 4.4707% 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 GOLDMAN SACHS GROUP INC holds 0.8968 of the shares totaling 0.91 million with a market value of $6.37 million.

Jumia Technologies Ag ADR (JMIA) Insider Activity

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