In the latest trading session, 1.36 million Jumia Technologies Ag ADR (NYSE:JMIA) shares changed hands as the company’s beta touched 2.85. With the company’s most recent per share price at $2.59 changed hands at -$0.12 or -4.61% at last look, the market valuation stands at $264.26M. JMIA’s current price is a discount, trading about -480.69% off its 52-week high of $15.04. The share price had its 52-week low at $2.66, which suggests the last value was -2.7% down since then.
Analysts gave the Jumia Technologies Ag ADR (JMIA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 4.00. 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. Jumia Technologies Ag ADR’s EPS for the current quarter is expected to be 0.
Jumia Technologies Ag ADR (NYSE:JMIA) trade information
Instantly JMIA was in red as seen in intraday trades today. With action -36.01%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -32.33%, with the 5-day performance at -36.01% in the red. However, in the 30-day time frame, Jumia Technologies Ag ADR (NYSE:JMIA) is -35.05% down.
The consensus price target for the stock as assigned by Wall Street analysts is 9, meaning bulls need an upside of 71.22% from its recent 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 -247.49% plunge from its current level, while the stock would need to soar -247.49% for it to hit the projected low.
Jumia Technologies Ag ADR (JMIA) estimates and forecasts
Year-over-year growth is forecast to reach 10.19% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 37.36M. 1 analysts are of the opinion that Jumia Technologies Ag ADR’s revenue for the current quarter will be 41.09M. The company’s revenue for the corresponding quarters a year ago was 45.36M and 33.24M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -17.62%. The estimates for the next quarter sales put growth at 23.61%.
Jumia Technologies Ag ADR (NYSE:JMIA)’s Major holders
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.
Among Mutual Funds, the top two as of Nov 30, 2024 were Vanguard International Growth Fund and Vanguard Variable Insurance Fund-International. With 6.72 shares estimated at $17.43 million under it, the former controlled 6.65% of total outstanding shares. On the other hand, Vanguard Variable Insurance Fund-International held about 0.47% of the shares, roughly 477.45 shares worth around $1.24 million.
