Jumia Technologies Ag ADR (NYSE:JMIA) price closed lower on Monday, April 15, dropping -6.97% below its previous close.
A look at the daily price movement shows that the last close reads $4.45. The company’s 5Y monthly beta was ticking 2.94. Taking into account the 52-week price action we note that the stock hit a 52-week high of $8.10 and 52-week low of $2.22. The stock subtracted -39.12% on its value in the past month.
Jumia Technologies Ag ADR, which has a market valuation of $418.72 million, is expected to release its quarterly earnings report May 21, 2024 – May 27, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give JMIA a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that JMIA’s price is at present -23.57% off the SMA20 and -19.41% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 29.99, with weekly volatility standing at 7.27%. The indicator jumps to 7.76% when calculated based on the past 30 days. Jumia Technologies Ag ADR (NYSE:JMIA)’s beta value is holding at 2.94, while the average true range (ATR) indicator is currently reading 0.45.
An analysis of the Jumia Technologies Ag ADR (NYSE:JMIA) stock in terms of its daily trading volume indicates that the 3-month average is 3.25 million.
Current records show that the company has 101.14M in outstanding shares. The insiders’ percentage holdings are 0.35% of outstanding shares while the percentage share held by institutions stands at 16.41%. But the 17.28% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
