Jumia Technologies Ag ADR [NYSE: JMIA] traded at a high on Tuesday, posting a 17.92 gain after which it closed the day’ session at $6.45.
The results of the trading session contributed to over 14768716 shares changing hands. Over the past one week, the price volatility of Jumia Technologies Ag ADR stands at 11.26% while the volatility over the past one month is 8.01%.
The market cap for JMIA stock reached $652.35 million, with 101.14 million shares outstanding and 100.78 million shares in the current float. Compared to the average trading volume of 3.55M shares, JMIA reached a trading volume of 14768716 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Jumia Technologies Ag ADR [JMIA]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JMIA shares is $4.00 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.
Morgan Stanley have made an estimate for Jumia Technologies Ag ADR shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on January 03, 2024. The new note on the price target was released on November 29, 2021, representing the official price target for Jumia Technologies Ag ADR stock. Previously, the target price had yet another drop from $8 to $4.50, while Stifel kept a Hold rating on JMIA stock.
The Average True Range (ATR) for Jumia Technologies Ag ADR is set at 0.47, with the Price to Sales ratio for JMIA stock in the period of the last 12 months amounting to 3.28. The Price to Book ratio for the last quarter was 9.42, with the Price to Cash per share for the same quarter was set at 1.19.
How has JMIA stock performed recently?
Jumia Technologies Ag ADR [JMIA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 46.92. With this latest performance, JMIA shares gained by 23.80% in over the last four-week period, additionally plugging by 138.89% over the last 6 months – not to mention a rise of 126.32% 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 73.62, with the RSI for the last a single of trading hit 83.30, and the three-weeks RSI is set at 67.22 for Jumia Technologies Ag ADR [JMIA]. The present Moving Average for the last 50 days of trading for this stock 5.44, while it was recorded at 5.27 for the last single week of trading, and 3.75 for the last 200 days.
Jumia Technologies Ag ADR [JMIA]: Deeper insight into the fundamentals
Jumia Technologies Ag ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.33 and a Current Ratio set at 1.44.
Insider trade positions for Jumia Technologies Ag ADR [JMIA]
The top three institutional holders of JMIA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in JMIA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in JMIA stock with ownership which is approximately 5.8386%.
