Jumia Technologies AG (JMIA) Stock Price Stood at $10.52 on Thursday, October 08, What You Think?

Jumia Technologies AG (JMIA) share price soared 23.33% with the closing price of $10.52 on Thursday. Jumia Technologies AG stock has an exchanging volume of 35.24 million shares, which is high, contrasted with its 3-months average volume of 9.27M shares. Its market capitalization has now reached to $824.77M and analysts have a consensus target price of $12.54 in the 12-month period.

Jumia Launches Its Food Festival to Promote Adoption of Meal Ordering & Support Local Restaurants During COVID-19 on September 30, 2020 news published at Yahoo.

Stifel announced it was Downgrade coverage of Jumia Technologies AG in a research note on May 14, 2020. The analysts assigned a Hold rating to the stock with a price target of $4.50. Berenberg rated the stock as a Hold in a research noted published on March 25, 2020. RBC Capital Mkts rated the stock as an Outperform in a research note published on August 22, 2019.

JMIA Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, JMIA price has rose by 30.20%. In the course of past three months sees the stock go up around 40.45%, while it has gain 269.12% over the past six months and 56.32% since the start of the year.

JMIA Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Jun 2020), the firm recorded a revenue of 38.48 billion, which was higher than the gauge of 41.1M made by certain experts. For that equivalent quarter, Jumia Technologies AG posted -$0.61 earnings per share (EPS) which was above the consensus estimate of -$0.82 by $0.21, which represents to an expansion by 25.60%.

JMIA Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Jumia Technologies AG has seen its stock exchanging -55.98% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +54.25% above its three-month low. A more extensive look sees JMIA exchanging -55.98% beneath its 52-week high and 389.30% above from its 52-week low price.

JMIA Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 9.91%, while it has a month to month instability of 9.11%. The company has an ATR (Average True Range) of 0.79.

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