Jumia Technologies Ag ADR (JMIA) Shares Gain 10.75% Over Last Week

Jumia Technologies Ag ADR [JMIA] stock prices are up 5.58% to $5.87 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The JMIA shares have gain 10.75% over the last week, with a monthly amount glided 34.32%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Jumia Technologies Ag ADR [NYSE: JMIA] stock has seen the most recent analyst activity on July 09, 2024, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $14. Previously, Morgan Stanley upgraded its rating to Equal-Weight on January 03, 2024, and elevated its price target to $3.60. On November 29, 2021, downgrade downgraded it’s rating to Underweight but maintained its price target of $11 on the stock. Stifel downgraded its rating to a Hold and decreased its price target to $4.50 on May 14, 2020. Berenberg downgraded its rating to a Hold. RBC Capital Mkts upgraded its rating to Outperform for this stock on August 22, 2019. In a note dated August 20, 2019, Morgan Stanley upgraded an Equal-Weight rating on this stock.

The stock price of Jumia Technologies Ag ADR [JMIA] has been fluctuating between $2.23 and $15.04 over the past year. 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 $5.87 at the most recent close of the market. An investor can expect a potential return of 53.32% based on the average JMIA price forecast.

Analyzing the JMIA fundamentals

The Jumia Technologies Ag ADR [NYSE:JMIA] reported sales of 189.67M for trailing twelve months, representing a drop of -24.82%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.53%, and Net Profit Margin reading is -0.54%. To continue investigating profitability, this company’s Return on Assets is posted at -0.69, Equity is -1.83 and Total Capital is -1.56. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.32.

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 5.58 points at the first support level, and at 5.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.08, and for the 2nd resistance point, it is at 6.29.

Ratios To Look Out For

It’s worth pointing out that Jumia Technologies Ag ADR [NYSE:JMIA]’s Current Ratio is 1.11. Further, the Quick Ratio stands at 1.01, while the Cash Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 3.16, the price to book ratio is 23.49.

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