Jumia Technologies Ag ADR (NYSE:JMIA) price on Thursday, May 09,fall -4.59% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.23.
A look at the stock’s price movement, the close in the last trading session was $6.53. Turning to its 52-week performance, $8.10 and $2.22 were the 52-week high and 52-week low respectively. Overall, JMIA moved 29.52% over the past month.
Jumia Technologies Ag ADR’s market cap currently stands at around $630.10 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that JMIA is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
JMIA’s current price about 33.18% and 14.20% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 67.70, while 7-day volatility ratio is 11.09% and 8.39% in the 30-day chart. Further, Jumia Technologies Ag ADR (JMIA) has a beta value of 2.90, and an average true range (ATR) of 0.50.
If we refocus on Jumia Technologies Ag ADR (NYSE:JMIA), historical trading data shows that trading volumes averaged 3.83 million over the past 3 months. The company’s latest data on shares outstanding shows there are 101.14 million shares.
The 0.35% of Jumia Technologies Ag ADR’s shares are in the hands of company insiders while institutional holders own 16.00% of the company’s shares. Current price change has pushed the stock 76.49% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the JMIA stock continues to rise going into the next quarter.
