Jumia Technologies Ag ADR (NYSE: JMIA) is -43.72% 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 $2.24 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $2.15, the stock is -9.85% and -31.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.84 million and changing -4.02% at the moment leaves the stock -59.13% off its SMA200. JMIA registered -58.41% loss for a year compared to 6-month loss of -58.73%. The firm has a 50-day simple moving average (SMA 50) of $3.1176 and a 200-day simple moving average (SMA200) of $5.261.
The stock witnessed a -12.24% gain in the last 1 month and extending the period to 3 months gives it a -48.07%, and is -15.69% 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 5.34% over the week and 5.43% over the month.
Jumia Technologies Ag ADR (JMIA) has around 2163 employees, a market worth around $263.29M and $167.49M in sales. Profit margin for the company is -59.16%. Distance from 52-week low is -2.71% and -85.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-105.35%).
.
Jumia Technologies Ag ADR (JMIA) Top Institutional Holders
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 7.72%. 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.
Jumia Technologies Ag ADR (JMIA) Insider Activity
#####
