Jumia Technologies Ag ADR (NYSE: JMIA) is -39.53% lower on its value in year-to-date trading and has touched a low of $2.32 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 $2.45 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $2.31, the stock is -32.89% and -38.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.84 million and changing -5.71% at the moment leaves the stock -59.58% off its SMA200. JMIA registered -58.90% loss for a year compared to 6-month loss of -50.64%.
The stock witnessed a -45.13% gain in the last 1 month and extending the period to 3 months gives it a -41.67%, and is -14.76% 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 7.14% over the week and 6.64% over the month.
Jumia Technologies Ag ADR (JMIA) has around 2915 employees, a market worth around $236.15M and $167.49M in sales. Profit margin for the company is -59.16%. Distance from 52-week low is -0.43% and -84.64% 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 7.98%.
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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Jumia Technologies Ag ADR (JMIA): Who are the competitors?
The company’s main competitors (and peers) include Amazon.com Inc. (AMZN) that is trading 15.45% up over the past 12 months. Meta Platforms Inc. (META) that is 31.49% higher over the same period.
