How Will Jumia Technologies Ag ADR (NYSE: JMIA) Look After It Drops -633.66% From Its Highs?

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During the last session, Jumia Technologies Ag ADR (NYSE:JMIA)’s traded shares were 1.57 million, with the beta value of the company hitting 2.77. At the end of the trading day, the stock’s price was $2.05, reflecting an intraday loss of -2.84% or -$0.06. The 52-week high for the JMIA share is $15.04, that puts it down -633.66 from that peak though still a striking 21.95% gain since the share price plummeted to a 52-week low of $1.60. The company’s market capitalization is $251.04M, and the average intraday trading volume over the past 10 days was 5.34 million shares, and the average trade volume was 3.40 million shares over the past three months.

Jumia Technologies Ag ADR (JMIA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 4.00. JMIA has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.

Jumia Technologies Ag ADR (NYSE:JMIA) trade information

Jumia Technologies Ag ADR (JMIA) registered a -2.84% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.84% in intraday trading to $2.05, hitting a weekly high. The stock’s 5-day price performance is -0.49%, and it has moved by -13.87% in 30 days. Based on these gigs, the overall price performance for the year is -50.48%. The short interest in Jumia Technologies Ag ADR (NYSE:JMIA) is 8.31 million shares and it means that shorts have 4.39 day(s) to cover.

The consensus price target of analysts on Wall Street is $9, which implies an increase of 77.22% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $9 respectively. As a result, JMIA is trading at a discount of -339.02% off the target high and -339.02% off the low.

Jumia Technologies Ag ADR (JMIA) estimates and forecasts

In the rating firms’ projections, revenue will increase 8.21% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 37.36M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 41.09M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 45.36M and 33.24M respectively. In this case, analysts expect current quarter sales to shrink by -17.62% and then jump by 23.61% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 24.25%.

JMIA Dividends

Jumia Technologies Ag ADR is due to release its next quarterly earnings on 2025-Feb-19. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Jumia Technologies Ag ADR (NYSE:JMIA)’s Major holders

Jumia Technologies Ag ADR insiders own 1.20% of total outstanding shares while institutional holders control 23.92%, with the float percentage being 24.21%. BAILLIE GIFFORD & CO is the largest shareholder of the company, while 148.0 institutions own stock in it. As of 2024-06-30, the company held over 9.11 million shares (or 4.4707% of all shares), a total value of $63.93 million in shares.

The next largest institutional holding, with 4.26 million shares, is of D. E. SHAW & CO., INC.’s that is approximately 2.0905% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $29.89 million.