As of Wednesday close, Jumia Technologies AG’s (NYSE:JMIA) stock was down -$0.19, moving down -7.14 percent to $2.47. The average number of shares traded per day over the past five days has been 1,397,040 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.36 fall in that time frame. In the last twenty days, the average volume was 1,154,700, while in the previous 50 days, it was 1,520,664.
Since last month, JMIA stock retreated -19.81%. Shares of the company fell to $2.47 on 09/20/23, the lowest level in the past month. A 52-week high of $7.23 was reached on 02/02/23 after having rallying from a 52-week low of $2.55. Since the beginning of this year, JMIA’s stock price has dropped by -23.05% or -$0.74, and marked a new high 8 times. However, the stock has declined by -65.84% since its 52-week high.
Valuation Metrics
The stock’s beta is 2.68. Besides these, the trailing price-to-sales (P/S) ratio of 1.17, the price-to-book (PB) ratio of 2.33.
Financial Health
In the three months ended March 30, Jumia Technologies AG’s quick ratio stood at 1.50, while its current ratio was 1.60, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.04, and the total debt-to-equity ratio was 0.07. On the profitability front, the trailing twelve-month gross margin is 59.90% percent. In the year ended March 30, EBITDA margin amounted to -95.90%, whereas operating margins totaled -69.40%. Based on annual data, JMIA earned $130.41 million in gross profit and brought in $221.88 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -124.10%. Return on equity (ROE) for the past 12 months was -100.20%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. JMIA’s revenue rose 19.81% during the quarter, while net income inched up to $221.88 million. While analysts expected Jumia Technologies AG to report -$0.36 quarterly earnings, the actual figure was -$0.16 per share, beating the consensus estimate by 55.60%. During the quarter, the company generated -$20.62 million in EBITDA. The liabilities of Jumia Technologies AG were 143.11 million at the end of its most recent quarter ended March 30, and its total debt was $7.86 million.
Technical Picture
This quick technical analysis looks at Jumia Technologies AG’s (JMIA) price momentum. With a historical volatility rate of 51.53%, the RSI 9-day stood at 20.57% on 20 September.
With respect to its five-day moving average, the current Jumia Technologies AG price is down by -12.72% percent or -$0.36. At present, JMIA shares trade -18.75% below its 20-day simple moving average and -10.83% percent below its 100-day simple moving average. However, the stock is currently trading approximately -41.75% below its SMA50 and -46.30% below its SMA200.
Stochastic coefficient K was 6.46% and Stochastic coefficient D was 8.08%, while ATR was 0.15. Given the Stochastic reading of 0.00% for the 14-day period, the RSI (14) reading has been calculated as 26.60%. As of today, the MACD Oscillator reading stands at -0.15, while the 14-day reading stands at -0.24.
Analyst Ratings
Jumia Technologies AG downgraded its rating on Jumia Technologies AG (NYSE: JMIA) to an Underweight in a note to investors on November 29, 2021. The analysts firm previously had an Equal-weight rating on the stock.Jumia Technologies AG (JMIA) has been rated Underweight by analysts. According to 1 brokerage firm, JMIA is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Jumia Technologies AG stock as buy, with 0 recommending it as overweight.
With a median target price of $3.00, the current consensus forecast for the stock is $3.00 – $3.00. Based on these forecasts, analysts predict Jumia Technologies AG (JMIA) will achieve an average price target of $3.00.
