On Friday, shares of Jumia Technologies AG (NYSE:JMIA) marked $15.22 per share versus a previous $12.91 closing price. With having a 17.89% gain, an insight into the fundamental values of Jumia Technologies AG, investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. JMIA showed a rise of 126.15% within its YTD performance, with highs and lows between $2.15 – $23.90 during the period of 52 weeks, compared to the simple moving average of 124.19% in the period of the last 200 days.
Stifel equity researchers changed the status of Jumia Technologies AG (NYSE: JMIA) shares from “Buy” to a “Hold” rating in the report published on May 14th, 2020. Other analysts, including Berenberg, also published their reports on JMIA shares. Berenberg repeated the rating from the previous report, marking JMIA under “Hold” rating, in the report published on March 25th, 2020. Additionally, JMIA shares got another “Outperform” rating from RBC Capital Mkts. On the other hand, Raymond James Upgrade the “Outperform” rating for JMIA shares, as published in the report on May 14th, 2019. Berenberg seems to be going bullish on the price of JMIA shares, based on the price prediction for JMIA. Another “Buy” rating came from Stifel.
[bold-text]Jumia Technologies AG (JMIA) Analysis[/bold-text]
The present dividend yield for JMIA owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording -11.00%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of Jumia Technologies AG (JMIA) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of -103.40% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 2.50 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while JMIA is currently recording an average of 10.22M in volumes. The volatility of the stock on monthly basis is set at 10.91%, while the weekly volatility levels are marked at 14.16%with 46.91% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $12.48, indicating growth from the present price of $15.22, which can represent yet another valuable research and analysis points that can help you decide whether to invest in JMIA or pass.
[bold-text]What to Look for When Analyzing Jumia Technologies AG Shares?[/bold-text]
Jumia Technologies AG (JMIA) is based in the Germany and it represents one of the well-known company operating with Consumer Cyclical sector. If you wish to compare JMIA shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of for Jumia Technologies AG, while the value can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value -3.41 is supported by the yearly EPS growth of 10.00%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 38.07%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 25.70% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.
[bold-text]Are Institutional Investors Increasing Stakes in JMIA Shares?[/bold-text]
It appears that more than several institutional investors and hedge funds decided to increase stakes in JMIA in the recent period. That is how Goldman Sachs International now has an increase position in JMIA by 0.00% in the first quarter, owning 2.6 million shares of JMIA stocks, with the value of $20.78 million after the purchase of an additional 0 shares during the last quarter. In the meanwhile, Point72 Asset Management LP also increased their stake in JMIA shares changed 8.41% in the first quarter, which means that the company now owns 2.32 million shares of company, all valued at $18.54 million after the acquisition of additional 179,924 shares during the last quarter.
Penserra Capital Management LLC acquired a new position in Jumia Technologies AG during the first quarter, with the value of $9.72 million, and Global Thematic Partners LLC increased their stake in the company’s shares by 18.93% in the first quarter, now owning 117,984 shares valued at $5.92 million after the acquisition of the additional 741117 shares during the last quarter. In the end, Boothe Investment Group, Inc. increased their position by 1,094.22% during the first quarter, now owning 540727 JMIA shares, now holding the value of $4.32 million in JMIA with the purchase of the additional 540,727 shares during the period of the last quarter. At the present, 25.70% of JMIA shares are in the ownership of institutional investors.