Jumia Technologies AG [JMIA] is -42.18% lower this YTD. Is it still time to buy?

Jumia Technologies AG [NYSE: JMIA] gained 2.46% or 0.56 points to close at $23.33 with a heavy trading volume of 3639711 shares. The company report on June 21, 2021 that Luby’s, Inc. Signs Agreement to Sell Luby’s Cafeteria Restaurant Operations to Affiliate of Calvin Gin.

Real Estate to be Sold Separately.

Part of Execution of Company’s Monetization Plan.

It opened the trading session at $22.90, the shares rose to $23.7299 and dropped to $21.55, the range by which the price of stock traded the whole day. The daily chart for JMIA points out that the company has recorded -48.79% loss over the past six months. However, it is still -233.29% lower than its most recent low trading price.

If we look at the average trading volume of 5.57M shares, JMIA reached to a volume of 3639711 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Jumia Technologies AG [JMIA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JMIA shares is $27.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JMIA stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Stifel have made an estimate for Jumia Technologies AG shares, keeping their opinion on the stock as Hold, with their previous recommendation back on May 14, 2020. The new note on the price target was released on March 25, 2020, representing the official price target for Jumia Technologies AG stock.

The Average True Range (ATR) for Jumia Technologies AG is set at 1.96, with the Price to Sales ratio for JMIA stock in the period of the last 12 months amounting to 14.14. The Price to Book ratio for the last quarter was 3.59, with the Price to Cash per share for the same quarter was set at 5.83.

Trading performance analysis for JMIA stock

Jumia Technologies AG [JMIA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.24. With this latest performance, JMIA shares dropped by -18.82% in over the last four-week period, additionally sinking by -48.79% over the last 6 months – not to mention a rise of 150.05% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JMIA stock in for the last two-week period is set at 36.00, with the RSI for the last a single of trading hit 33.29, and the three-weeks RSI is set at 38.62 for Jumia Technologies AG [JMIA]. The present Moving Average for the last 50 days of trading for this stock 27.75, while it was recorded at 22.90 for the last single week of trading, and 33.53 for the last 200 days.

Jumia Technologies AG [JMIA]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Jumia Technologies AG [JMIA] shares currently have an operating margin of -104.89 and a Gross Margin at +60.67. Jumia Technologies AG’s Net Margin is presently recorded at -115.26.

Return on Total Capital for JMIA is now -66.40, given the latest momentum, and Return on Invested Capital for the company is -73.86. Return on Equity for this stock declined to -76.41, with Return on Assets sitting at -47.71. When it comes to the capital structure of this company, Jumia Technologies AG [JMIA] has a Total Debt to Total Equity ratio set at 4.86. Additionally, JMIA Total Debt to Total Capital is recorded at 4.64, with Total Debt to Total Assets ending up at 3.07. Long-Term Debt to Equity for the company is recorded at 3.54, with the Long-Term Debt to Total Capital now at 3.38.

Reflecting on the efficiency of the workforce at the company, Jumia Technologies AG [JMIA] managed to generate an average of -$45,108 per employee. Receivables Turnover for the company is 7.93 with a Total Asset Turnover recorded at a value of 0.41.Jumia Technologies AG’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.80 and a Current Ratio set at 4.90.

An analysis of insider ownership at Jumia Technologies AG [JMIA]

There are presently around $590 million, or 27.70% of JMIA stock, in the hands of institutional investors. The top three institutional holders of JMIA stocks are: BAILLIE GIFFORD & CO with ownership of 9,171,365, which is approximately 2.385% of the company’s market cap and around 0.05% of the total institutional ownership; SUSQUEHANNA INTERNATIONAL GROUP, LLP, holding 1,613,260 shares of the stock with an approximate value of $37.64 million in JMIA stocks shares; and MORGAN STANLEY, currently with $36.09 million in JMIA stock with ownership of nearly -14.638% of the company’s market capitalization.

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Positions in Jumia Technologies AG stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 130 institutional holders increased their position in Jumia Technologies AG [NYSE:JMIA] by around 6,096,261 shares. Additionally, 89 investors decreased positions by around 7,275,034 shares, while 15 investors held positions by with 11,909,430 shares. The mentioned changes placed institutional holdings at 25,280,725 shares, according to the latest SEC report filing. JMIA stock had 72 new institutional investments in for a total of 2,736,567 shares, while 38 institutional investors sold positions of 1,105,280 shares during the same period.

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