Jumia Technologies Ag ADR (NYSE: JMIA) is -14.40% lower on its value in year-to-date trading and has touched a low of $1.60 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 $2.91 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $3.27, the stock is 14.64% and 32.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.62 million and changing 12.37% at the moment leaves the stock -14.11% off its SMA200. JMIA registered -49.92% loss for a year compared to 6-month loss of -12.57%. The firm has a 50-day simple moving average (SMA 50) of $2.4598 and a 200-day simple moving average (SMA200) of $3.8071.
The stock witnessed a 44.05% gain in the last 1 month and extending the period to 3 months gives it a 18.48%, and is 6.86% 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 7.54% over the week and 6.77% over the month.
Jumia Technologies Ag ADR (JMIA) has around 2163 employees, a market worth around $400.44M and $154.85M in sales. Profit margin for the company is -48.53%. Distance from 52-week low is 104.37% and -78.26% from its 52-week high. The company has generated returns on investments over the last 12 months (-97.74%).
The EPS is expected to grow by 43.02% this year
127.0 institutions hold shares in Jumia Technologies Ag ADR (JMIA), with institutional investors hold 11.58% of the company’s shares. The shares outstanding are 122.46M, and float is at 122.03M with Short Float at 5.20%. Institutions hold 11.45% 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 0.6205 and valued at over $8.87 million, while HIDDEN LAKE ASSET MANAGEMENT LP holds 0.5576 of the shares totaling 1.14 million with a market value of $7.97 million.
