Jumia Technologies Ag ADR (NYSE: JMIA) is -36.39% 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 $2.49 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $2.43, the stock is -0.49% and -26.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -2.41% at the moment leaves the stock -55.45% off its SMA200. JMIA registered -63.40% loss for a year compared to 6-month loss of -48.08%. The firm has a 50-day simple moving average (SMA 50) of $3.317 and a 200-day simple moving average (SMA200) of $5.4549.
The stock witnessed a -37.37% gain in the last 1 month and extending the period to 3 months gives it a -45.64%, and is 6.11% 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 4.61% over the week and 6.57% over the month.
Jumia Technologies Ag ADR (JMIA) has around 2163 employees, a market worth around $297.58M and $167.49M in sales. Profit margin for the company is -59.16%. Distance from 52-week low is 9.95% and -83.84% 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.
153.0 institutions hold shares in Jumia Technologies Ag ADR (JMIA), with institutional investors hold 24.16% 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 23.87% 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 2.0905 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.
