While Jumia Technologies Ag ADR has underperformed by -6.99%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, JMIA rose by 20.62%, with highs and lows ranging from $15.04 to $3.07, whereas the simple moving average fell by -34.08% in the last 200 days.
On November 13, 2024, RBC Capital Mkts started tracking Jumia Technologies Ag ADR (NYSE: JMIA) recommending Sector Perform. A report published by The Benchmark Company on July 09, 2024, Initiated its previous ‘Buy’ rating for JMIA. Morgan Stanley also Upgraded JMIA shares as ‘Equal-Weight’, setting a target price of $3.60 on the company’s shares in a report dated January 03, 2024. Stifel May 14, 2020d its ‘Buy’ rating to ‘Hold’ for JMIA, as published in its report on May 14, 2020. RBC Capital Mkts also rated the stock as ‘Outperform’.
Analysis of Jumia Technologies Ag ADR (JMIA)
Further, the quarter-over-quarter decrease in sales is -18.85%, showing a negative trend in the upcoming months.
To gain a thorough understanding of Jumia Technologies Ag ADR’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -101.00% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.73, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and JMIA is recording an average volume of 3.02M. On a monthly basis, the volatility of the stock is set at 5.10%, whereas on a weekly basis, it is put at 4.36%, with a loss of -5.39% over the past seven days. Furthermore, long-term investors anticipate a median target price of $3.80, showing decline from the present price of $3.86, which can serve as yet another indication of whether JMIA is worth investing in or should be passed over.
How Do You Analyze Jumia Technologies Ag ADR Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.06%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 32.43% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
JMIA shares are owned by institutional investors to the tune of 32.43% at present.
