In the last trading session, 0.47 million shares of the Jumia Technologies Ag ADR (NYSE:JMIA) were traded, and its beta was 2.93. Most recently the company’s share price was $2.26, and it changed around -$0.05 or -2.16% from the last close, which brings the market valuation of the company to $231.04M. JMIA currently trades at a discount to its 52-week high of $15.04, offering almost -565.49% off that amount. The share price’s 52-week low was $2.28, which indicates that the current value has fallen by an impressive -0.88% since then.
Jumia Technologies Ag ADR stock received a consensus recommendation rating of Hold, based on a mean score of 4.00. If we narrow it down even further, the data shows that 1 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended JMIA as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Jumia Technologies Ag ADR is expected to report earnings per share of 0 for the current quarter.
Jumia Technologies Ag ADR (NYSE:JMIA) trade information
Instantly JMIA has showed a red trend with a performance of -2.16% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.63 on recent trading dayincreased the stock’s daily price by 14.07%. The company’s shares are currently down -40.84% year-to-date, but still down -12.40% over the last five days. On the other hand, Jumia Technologies Ag ADR (NYSE:JMIA) is -43.36% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $9, which translates to bulls needing to increase their stock price by 74.89% from its current value. Analyst projections state that JMIA is forecast to be at a low of $9 and a high of $9.
Jumia Technologies Ag ADR (JMIA) estimates and forecasts
The year-over-year growth rate is expected to be 10.19%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 37.36M in revenue for the current quarter. 1 analysts expect Jumia Technologies Ag ADR to make 41.09M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 45.36M and 33.24M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -17.62%. Forecasts for the next quarter put sales growth at 23.61%.
Jumia Technologies Ag ADR (NYSE:JMIA)’s Major holders
D. E. SHAW & CO., INC., with 4.2102% or 4.26 million shares worth $29.89 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard International Growth Fund and SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF were the top two Mutual Funds as of Nov 30, 2024. The former held 6.72 shares worth $15.39 million, making up 6.65% of all outstanding shares. On the other hand, SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF held roughly 1.3 shares worth around $2.97 million, which represents about 1.28% of the total shares outstanding.