With 1.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.87 million shares. During the session, the Internet Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $3.8094 whereas the lowest price it dropped to was $3.68. The 52-week range on JMIA shows that it touched its highest point at $15.04 and its lowest point at $2.59 during that stretch. It currently has a 1-year price target of $5.00. Beta for the stock currently stands at 2.92.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of JMIA was down-trending over the past week, with a drop of -2.62%, but this was down by -24.39% over a month. Three-month performance dropped to -28.46% while six-month performance fell -45.05%. The stock gained 32.38% in the past year, while it has gained 5.38% so far this year. A look at the trailing 12-month EPS for JMIA yields -1.02 with Next year EPS estimates of -0.34. For the next quarter, that number is -0.06. This implies an EPS growth rate of 26.00% for this year and 54.05% for next year.
Float and Shares Shorts:
At present, 102.23 million JMIA shares are outstanding with a float of 101.87 million shares on hand for trading. On 2024-10-31, short shares totaled 5.86 million, which was 478.0 higher than short shares on 1727654400. In addition to Mr. Francis Dufay as the firm’s CEO & Member of Management Board, Mr. Antoine Maillet-Mezeray serves as its Executive VP of Finance & Operations and Member of Management Board.
Institutional Ownership:
Through their ownership of 0.31644 of JMIA’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, JMIA reported revenue of $36431000.0 and operating income of -$20113000.0. The EBITDA in the recently reported quarter was -$15600000.0 and diluted EPS was -$0.138001.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JMIA since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With JMIA analysts setting a high price target of 4.713 and a low target of 4.713, the average target price over the next 12 months is 4.713. Based on these targets, JMIA could surge 26.69% to reach the target high and rise by 26.69% to reach the target low. Reaching the average price target will result in a growth of 26.69% from current levels.
Analysts have provided yearly estimates in a range of -$0.64054 being high and -$0.71184 being low. For JMIA, this leads to a yearly average estimate of -$0.67619. Based on analyst estimates, the high estimate for the next quarter is -$0.06 and the low estimate is -$0.06. The average estimate for the next quarter is thus -$0.06.
