With 8.32 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.54 million shares. The 52-week range on JMIA shows that it touched its highest point at $15.04 and its lowest point at $2.69 during that stretch. It currently has a 1-year price target of $3.67. Beta for the stock currently stands at 2.81.
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 -33.65%, but this was down by -28.12% over a month. Three-month performance dropped to -26.20% while six-month performance fell -44.58%. The stock lost -33.97% in the past year, while it has lost -27.75% so far this 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.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.66461 being high and -$0.80118 being low. For JMIA, this leads to a yearly average estimate of -$0.71462. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
