logo

JMIA’s Market Quandary: Decoding the Ups and Downs of 2023

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price increase of 28.12%. However, over the past six months, we’ve seen a weaker performance of 94.94%. The price of JMIA leaped by -19.24% over the last 30 days. And in the last five days, it has surged by 12.50%.

Jumia Technologies Ag ADR saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $8.10 on 03/04/24, while the lowest price for the same duration was marked at $2.22 on 09/28/23.

52-week price history of JMIA Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Jumia Technologies Ag ADR’s current trading price is -44.17% away from its 52-week high, while its distance from the 52-week low is 103.26%. The stock’s price range during this period has varied between$2.22 and $8.10. The Jumia Technologies Ag ADR’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 1.46 million for the day, a figure considerably lower than their average daily volume of 3.28 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Jumia Technologies Ag ADR (JMIA) has experienced a quarterly rise of 51.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 457.41M and boasts a workforce of 2915 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.32, with a change in price of +0.78. Similarly, Jumia Technologies Ag ADR recorded 2,670,840 in trading volume during the last 100 days, posting a change of +20.67%.

JMIA’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for JMIA stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.03.

JMIA Stock Stochastic Average

As of today, Jumia Technologies Ag ADR’s raw stochastic average for the last 50 days stands at 28.93%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 36.44%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 18.78% and 10.11%, respectively.