Time to Buy Beat-Down Jumia Technologies AG (JMIA) Stock? Here is the INSIGHT – Invest Chronicle

Time to Buy Beat-Down Jumia Technologies AG (JMIA) Stock? Here is the INSIGHT

At the end of the latest market close, Jumia Technologies AG (JMIA) was valued at $19.06. In that particular session, Stock kicked-off at the price of $19.00 while reaching the peak value of $19.70 and lowest value recorded on the day was $18.99. The stock current value is $19.18.Recently in News on September 14, 2021, Notice of ADS Purchase by Jumia Group co-CEO. Jumia Technologies AG (NYSE:JMIA)(“Jumia”), the leading pan-African e-commerce platform, announces that Jeremy Hodara, co-Chief Executive Officer of Jumia has informed the company of the purchase, using personal funds, of 50,000 Jumia ADS on the open market at prevailing market price. The purchase was completed on September 13, 2021, in accordance with applicable securities laws, rules and regulations promulgated thereunder. You can read further details here

Jumia Technologies AG had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $69.89 on 02/10/21, with the lowest value was $16.94 for the same time period, recorded on 08/19/21.

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Jumia Technologies AG (JMIA) full year performance was 55.18%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Jumia Technologies AG shares are logging -72.56% during the 52-week period from high price, and 66.64% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $11.51 and $69.89.

The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 2143439 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Jumia Technologies AG (JMIA) recorded performance in the market was -52.47%, having the revenues showcasing -17.29% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.89B, as it employees total of 4067 workers.

The Analysts eye on Jumia Technologies AG (JMIA)

During the last month, 0 analysts gave the Jumia Technologies AG a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 23.26, with a change in the price was noted -7.79. In a similar fashion, Jumia Technologies AG posted a movement of -28.88% for the period of last 100 days, recording 4,019,995 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for JMIA is recording 0.02 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.02.

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Technical rundown of Jumia Technologies AG (JMIA)

Raw Stochastic average of Jumia Technologies AG in the period of last 50 days is set at 39.28%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 50.95%. In the last 20 days, the company’s Stochastic %K was 44.86% and its Stochastic %D was recorded 39.77%.

Considering, the past performance of Jumia Technologies AG, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -52.47%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -43.97%, alongside a boost of 55.18% for the period of the last 12 months. The shares increased approximately by 6.38% in the 7-day charts and went up by -0.52% in the period of the last 30 days. Common stock shares were lifted by -17.29% during last recorded quarter.

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