A share price of Jumia Technologies Ag ADR [JMIA] is currently trading at $5.69, up 22.37%. An important factor to consider is whether the stock is rising or falling in short-term value. The JMIA shares have gain 36.12% over the last week, with a monthly amount glided 90.94%, and seem to be holding up well over a long-time horizon.
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On 15, February 2024, Jumia Reports Fourth Quarter and Full Year 2023 Results. In a post published today on Yahoo Finance, Improvement in growth trends and significant reduction in operating loss, validating strategic choices.
From an analyst’s perspective:
Jumia Technologies Ag ADR [NYSE: JMIA] stock has seen the most recent analyst activity on January 03, 2024, when Morgan Stanley upgraded its rating to a Equal-Weight and also boosted its price target to $3.60 from $3. Previously, Morgan Stanley downgraded its rating to Underweight on November 29, 2021, and kept the price target unchanged to $11. On May 14, 2020, downgrade downgraded it’s rating to Hold and revised its price target to $4.50 on the stock. Berenberg downgraded its rating to a Hold. RBC Capital Mkts upgraded its rating to a Outperform. Morgan Stanley upgraded its rating to Equal-Weight for this stock on August 20, 2019. In a note dated May 14, 2019, Raymond James upgraded an Outperform rating on this stock but restated the target price of $36.
Jumia Technologies Ag ADR experienced fluctuations in its stock price throughout the past year between $2.22 and $4.92. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Jumia Technologies Ag ADR [NYSE: JMIA] shares were valued at $5.69 at the most recent close of the market. An investor can expect a potential return of 58.17% based on the average JMIA price forecast.
Analyzing the JMIA fundamentals
Trailing Twelve Months sales for Jumia Technologies Ag ADR [NYSE:JMIA] were 199.09M which represents -10.64% decline. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.00 points at the first support level, and at 4.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.07, and for the 2nd resistance point, it is at 6.46.
Jumia Technologies Ag ADR [JMIA] reported earnings per share of -$0.16 for its fiscal quarter that ended on 3/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.36/share, meaning a difference of $0.2 and a surprise factor of 55.60%. By comparison, the stated earnings for the previous quarter ended on 12/30/2022 were -$0.28 per share as compared to estimates of -$0.58 per share, a difference of $0.3 representing a surprise of 51.70%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Jumia Technologies Ag ADR [NYSE:JMIA] is 1.43. On the other hand, the Quick Ratio is 1.35, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 2.88, the price to book ratio is 6.55.
