Over the past three months, Jumia Technologies AG [JMIA] ended the trading day at $15.45 and exhibited a change of 0.31% with a 24 hour trading and reached upto the volume of 10.32M compared to its recorded trading volume of 2.76 million. JMIA generated a 1 year amount change with 180.51%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by -3.75% with an amount shift of 1.18% over the last month.

On 10, November 2020, Jumia Reports Third Quarter 2020 Results. According to news published on Yahoo Finance, Significant progress on path to profitability .

Analyst Birdseye View:

The most recent analyst activity for Jumia Technologies AG [NYSE:JMIA] stock was on March 25, 2020, when it was Downgrade with a Hold rating from Berenberg. Before that, on May 14, 2020, Stifel Recapitulated a Hold rating and elevated its amount target to $4.50. On August 22, 2019, RBC Capital Mkts Upgrade an Outperform rating. On August 20, 2019, Morgan Stanley Upgrade an Equal-weight rating. On May 14, 2019, Raymond James Upgrade an Outperform rating and increased its price target to $36. On May 14, 2019, Berenberg Upgrade a Buy rating. On May 13, 2019, Stifel Upgrade a Buy rating. Stifel elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $2.15 and a peak of $23.90. At the most recent market close, shares of Jumia Technologies AG [NYSE:JMIA] were valued at $15.45.

FUNDAMENTAL ANALYSIS

Jumia Technologies AG [NYSE:JMIA] most recently reported quarterly sales of 38.48 billion, which represented growth of -16.00%. This publicly-traded organization’s revenue is $43,054 per employee, while its income is -$60,844 per employee. This company’s Gross Margin is currently 55.10%, its Pretax Margin is -141.20, and its Net Margin is -141.32. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -102.32, -193.23, -184.37 and -188.30 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 4.78 and the whole liability to whole assets at 3.09. It shows enduring liability to the whole principal at 3.19 and enduring liability to assets at 0.02 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 14.70 points at 1st support level, the second support level is making up to 14.00. But as of 1st resistance point, this stock is sitting at 15.84 and at 16.28 for 2nd resistance point.

Jumia Technologies AG [JMIA] reported its earnings at -$0.24 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.61/share signifying the difference of 0.37 and 60.70% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.61 calling estimates for -$0.82/share with the difference of 0.21 depicting the surprise of 25.60%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Jumia Technologies AG [NYSE:JMIA] is 1.60. Likewise, the Quick ratio is also the same, showing Cash ratio at 2.17. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.64 and it’s amount to book ratio is 2.57.