Jumia Technologies Ag ADR (NYSE: JMIA) is -40.05% lower on its value in year-to-date trading and has touched a low of $2.21 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 $2.36 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $2.29, the stock is -17.91% and -34.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing -2.97% at the moment leaves the stock -58.80% off its SMA200. JMIA registered -64.82% loss for a year compared to 6-month loss of -48.31%. The firm has a 50-day simple moving average (SMA 50) of $3.4698 and a 200-day simple moving average (SMA200) of $5.5588.
The stock witnessed a -40.67% gain in the last 1 month and extending the period to 3 months gives it a -54.74%, and is -3.78% 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 4.77% over the week and 6.86% over the month.
Jumia Technologies Ag ADR (JMIA) has around 2163 employees, a market worth around $280.43M and $167.49M in sales. Profit margin for the company is -59.16%. Distance from 52-week low is 3.62% and -84.77% from its 52-week high. The company has generated returns on investments over the last 12 months (-105.35%).
153.0 institutions hold shares in Jumia Technologies Ag ADR (JMIA), with institutional investors hold 29.41% of the company’s shares. The shares outstanding are 122.46M, and float is at 122.03M with Short Float at 7.97%. Institutions hold 28.97% of the Float.
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.
