Is Jumia Technologies Ag ADR (NYSE: JMIA) Stock An Instant Disaster Or An Incredible Opportunity?

In the last trading session, 2.53 million Jumia Technologies Ag ADR (NYSE:JMIA) shares changed hands as the company’s beta touched 2.91. With the company’s per share price at $4.01 changed hands at -$0.01 or -0.25% during last session, the market valuation stood at $409.94M. JMIA’s last price was a discount, traded about -275.06% off its 52-week high of $15.04. The share price had its 52-week low at $2.46, which suggests the last value was 38.65% up since then. When we look at Jumia Technologies Ag ADR’s average trading volume, we note the 10-day average is 2.8 million shares, with the 3-month average coming to 3.10 million.

Analysts gave the Jumia Technologies Ag ADR (JMIA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended JMIA as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.

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Jumia Technologies Ag ADR (NYSE:JMIA) trade information

Instantly JMIA was in red as seen at the end of in last trading. With action -15.04%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 13.60%, with the 5-day performance at -15.04% in the red. However, in the 30-day time frame, Jumia Technologies Ag ADR (NYSE:JMIA) is -23.91% down. Looking at the short shares, we see there were 6.82 million shares sold at short interest cover period of 2.62 days.

The consensus price target for the stock as assigned by Wall Street analysts is 9, meaning bulls need an upside of 55.44% from its current market value. According to analyst projections, JMIA’s forecast low is 9 with 9 as the target high. To hit the forecast high, the stock’s price needs a -124.44% plunge from its current level, while the stock would need to soar -124.44% for it to hit the projected low.

Jumia Technologies Ag ADR (JMIA) estimates and forecasts

Data shows that the Jumia Technologies Ag ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -33.94% over the past 6 months, a 74.49% in annual growth rate that is considerably higher than the industry average of 12.90%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 16.58%. The 2024 estimates are for Jumia Technologies Ag ADR earnings to increase by 26.00%.

JMIA Dividends

Jumia Technologies Ag ADR is expected to release its next quarterly earnings report in December.

D. E. SHAW & CO., INC. holds the second largest percentage of outstanding shares, with 4.2102% or 4.26 million shares worth $29.89 million as of 2024-06-30.