Jumia Technologies AG [JMIA] shares are up more than 78.31% this year and recently decreased 0.0% or $0.04 to settle at $12.91. This implies that the market is currently less bullish on the outlook for JMIA.

On 30, September 2020, Jumia Launches Its Food Festival to Promote Adoption of Meal Ordering & Support Local Restaurants During COVID-19. According to news published on Yahoo Finance, Inspired by the World Food Day celebrations on Oct 16th, this month-long event will also showcase the diversity of the African food industry. .

Analyst Birdseye View:

The most recent analyst activity for Jumia Technologies AG [NYSE:JMIA] stock was on March 25, 2020, when it was Downgrade with a Hold rating from Berenberg. Before that, on May 14, 2020, Stifel Recapitulated a Hold rating and elevated its amount target to $4.50. On August 22, 2019, RBC Capital Mkts Upgrade an Outperform rating. On August 20, 2019, Morgan Stanley Upgrade an Equal-weight rating. On May 14, 2019, Raymond James Upgrade an Outperform rating and increased its price target to $36. On May 14, 2019, Berenberg Upgrade a Buy rating. On May 13, 2019, Stifel Upgrade a Buy rating. Stifel elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $2.15 and a peak of $23.90. Right now, the middling Wall Street analyst 12-month amount mark is $9.94. At the most recent market close, shares of Jumia Technologies AG [NYSE:JMIA] were valued at $12.91. According to the average price forecast, investors can expect a potential return of -26.16%.

FUNDAMENTAL ANALYSIS

Jumia Technologies AG [NYSE:JMIA] most recently reported quarterly sales of 38.48 billion, which represented growth of -11.00%. This publicly-traded organization’s revenue is $43,054 per employee, while its income is -$60,844 per employee. This company’s Gross Margin is currently 55.10%, its Pretax Margin is -141.20, and its Net Margin is -141.32. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -102.32, -193.23, -184.37 and -188.30 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 4.78 and the whole liability to whole assets at 3.09. It shows enduring liability to the whole principal at 3.19 and enduring liability to assets at 0.02 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 12.03 points at 1st support level, the second support level is making up to 11.15. But as of 1st resistance point, this stock is sitting at 13.39 and at 13.87 for 2nd resistance point.

Jumia Technologies AG [JMIA] reported its earnings at -$0.61 per share in the fiscal quarter closing of 3/30/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.82/share signifying the difference of 0.21 and 25.60% surprise value. Comparing the previous quarter ending of 9/29/2019, the stated earnings were -$0.36 calling estimates for -$0.72/share with the difference of 0.36 depicting the surprise of 50.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Jumia Technologies AG [NYSE:JMIA] is 2.60. Likewise, the Quick ratio is also the same, showing Cash ratio at 2.17. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.64 and it’s amount to book ratio is 2.57.