The Benchmark Company slashes price target on Jumia Technologies Ag ADR [JMIA] – find out why.

Jumia Technologies Ag ADR [NYSE: JMIA] closed the trading session at $4.90.

The stocks have a year to date performance of 38.81 percent and weekly performance of -1.61 percent. The stock has been moved at -13.88 percent over the last six months. The stock has performed -59.93 percent around the most recent 30 days and changed -21.47 percent over the most recent 3-months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If compared to the average trading volume of 6.53M shares, JMIA reached to a volume of 3779618 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $11.00 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 1.00. 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.

The Benchmark Company have made an estimate for Jumia Technologies Ag ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 09, 2024. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $3 to $3.60. The new note on the price target was released on January 03, 2024, representing the official price target for Jumia Technologies Ag ADR stock. Previously, the target price had yet another raise to $11, while Morgan Stanley analysts kept a Underweight rating on JMIA stock. On May 14, 2020, analysts decreased their price target for JMIA shares from 8 to 4.50.

The Average True Range (ATR) for Jumia Technologies Ag ADR is set at 0.77, with the Price to Sales ratio for JMIA stock in the period of the last 12 months amounting to 2.64. The Price to Book ratio for the last quarter was 19.61, with the Price to Cash per share for the same quarter was set at 0.91.

JMIA stock trade performance evaluation

Jumia Technologies Ag ADR [JMIA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.61. With this latest performance, JMIA shares dropped by -59.93% in over the last four-week period, additionally sinking by -13.88% over the last 6 months – not to mention a rise of 63.88% 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 30.99, with the RSI for the last a single of trading hit 27.34, and the three-weeks RSI is set at 35.09 for Jumia Technologies Ag ADR [JMIA]. The present Moving Average for the last 50 days of trading for this stock 8.69, while it was recorded at 5.17 for the last single week of trading, and 5.72 for the last 200 days.

Jumia Technologies Ag ADR [JMIA]: An insightful look at the core fundamentals

Jumia Technologies Ag ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.01 and a Current Ratio set at 1.11.

Earnings per share (EPS) analysis for Jumia Technologies Ag ADR [JMIA] stock

With the latest financial reports released by the company, Jumia Technologies Ag ADR posted -0.48/share EPS, while the average EPS was predicted by analysts to be reported at -0.67/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.19. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JMIA.

Jumia Technologies Ag ADR [JMIA]: Institutional Ownership

The top three institutional holders of JMIA stocks are: BAILLIE GIFFORD & CO with ownership of 9.11 million shares, which is approximately 9.0039%. D. E. SHAW & CO., INC., holding 4.26 million shares of the stock with an approximate value of $$29.89 million in JMIA stocks shares; and D. E. SHAW & CO., INC., currently with $$8.87 million in JMIA stock with ownership which is approximately 1.2496%.

Most Popular