NYSE:JMIAJumia Technologies Stock Price, Forecast & News

Jumia Technologies' stock was trading at $2.86 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, JMIA stock has increased by 165.7% and is now trading at $7.60. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Jumia Technologies in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Jumia Technologies.

6 Wall Street analysts have issued twelve-month price targets for Jumia Technologies' stock. Their forecasts range from $3.50 to $13.00. On average, they anticipate Jumia Technologies' stock price to reach $7.60 in the next year. View analysts' price targets for Jumia Technologies.

Media stories about JMIA stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Jumia Technologies earned a news impact score of 2.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news about Jumia Technologies.

Jumia Technologies saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 11,260,000 shares, a decrease of 10.2% from the June 15th total of 12,540,000 shares. Based on an average daily volume of 2,330,000 shares, the days-to-cover ratio is presently 4.8 days. Approximately 14.4% of the shares of the stock are short sold. View Jumia Technologies' Current Options Chain.

Some companies that are related to Jumia Technologies include Overstock.com (OSTK), Insight Enterprises (NSIT), PC Connection (CNXN), Revolve Group (RVLV), PCM (PCMI), Ruhnn (RUHN), EVINE Live (EVLV), Blue Apron (APRN), Lightinthebox (LITB), TELA Bio (MOHO), Youngevity International (YGYI), iMedia Brands (IMBI), Safe-T Group (RBZHF) and dELiA*s (DLIAQ). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Jumia Technologies investors own include Tesla (TSLA), Alibaba Group (BABA), Canopy Growth (CGC), Gilead Sciences (GILD), Advanced Micro Devices (AMD), Beyond Meat (BYND), Walt Disney (DIS), NVIDIA (NVDA), Square (SQ) and (LK).

(JMIA) raised $196 million in an initial public offering (IPO) on Friday, April 12th 2019. The company issued 13,500,000 shares at a price of $13.00-$16.00 per share. Morgan Stanley, Citigroup, Berenberg and RBC Capital Markets served as the underwriters for the IPO and Raymond James, Stifel and William Blair were co-managers.

Jumia Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "JMIA."

Shares of JMIA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of JMIA stock can currently be purchased for approximately $7.60.

Jumia Technologies has a market capitalization of $580.51 million and generates $180.10 million in revenue each year. The company earns $-253,890,000.00 in net income (profit) each year or ($3.41) on an earnings per share basis. Jumia Technologies employs 5,050 workers across the globe.

The official website for Jumia Technologies is group.jumia.com.

Jumia Technologies' mailing address is CHARLOTTENSTRA¿E 4, BERLIN 2M, 10969. The company can be reached via phone at 49-3039-820-3451 or via email at [email protected]