Should you hold Jumia technologies (jmia) stock?
The consensus among Wall Street equities research analysts is that investors should "hold" Jumia Technologies stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JMIA, but not buy additional shares or sell existing shares.
When is jmia going to release its next quarterly earnings announcement?
Jumia Technologies is scheduled to release its next quarterly earnings announcement on Friday, March 11th 2022. View our earnings forecast for Jumia Technologies. What price target have analysts set for JMIA?
What is the ticker symbol for Jumia technologies?
Jumia Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "JMIA." How do I buy shares of Jumia Technologies? Shares of JMIA can be purchased through any online brokerage account.
What are analysts'target prices for Jumia Technologies'stock?
3 Wall Street analysts have issued 12-month target prices for Jumia Technologies' stock. Their forecasts range from $11.00 to $18.00. On average, they expect Jumia Technologies' share price to reach $14.50 in the next twelve months. This suggests a possible upside of 27.2% from the stock's current price.
What does JMIA company do?
The company's platform consists of marketplace that connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company's platform in selected markets.
Why JMIA stock is up?
Shares of African e-commerce and digital-payments company Jumia Technologies (NYSE: JMIA) jumped on Tuesday after the company reported financial results for the first quarter of 2022, showing strong growth across its business. As of noon ET, Jumia stock was up 24%.
Why is JMIA stock going down?
Shares of Jumia Technologies have been under pressure from a trend of weaker than expected results from ongoing pandemic disruptions. Despite near-term challenges, the company with a leading e-commerce and fintech platform in Africa is well-positioned to capture a significant growth opportunity.
Is JMIA a buy or sell?
Today JMIA ranks #15313 as sell candidate.
Is JMIA a good long term investment?
Even more impressive, many stock market analysts believe that the company could genuinely outperform itself within the next five years. In short, this may be one of the best long-term investment options that you'll ever see, despite the fact that past performance might seem to indicate otherwise at first glance.
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Is JMIA a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows
Is JMIA in Nasdaq?
Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares (JMIA) Stock Price, Quote, News & History | Nasdaq.
Is jumia a good company?
Jumia's business is stabilizing, but its mediocre growth rates and massive losses make it a risky stock to own as rising interest rates and geopolitical headwinds pummel the market.
Should I buy or sell Jumia Technologies stock right now?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Jumia Technologies in the last twelve months. There are currently 1 sell r...
What is Jumia Technologies' stock price forecast for 2022?
2 analysts have issued 1 year price objectives for Jumia Technologies' stock. Their forecasts range from $9.00 to $11.00. On average, they predict...
How has Jumia Technologies' stock price performed in 2022?
Jumia Technologies' stock was trading at $11.40 at the beginning of the year. Since then, JMIA stock has decreased by 34.8% and is now trading at $...
When is Jumia Technologies' next earnings date?
Jumia Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022. View our earnings forecast for Ju...
Who are Jumia Technologies' key executives?
Jumia Technologies' management team includes the following people: Mr. Jeremy Hodara , Co-Founder, Co-CEO & Member of the Management Board (Age...
What is Jeremy Hodara, Sacha Poignonnec's approval rating as Jumia Technologies' CEO?
170 employees have rated Jumia Technologies CEO Jeremy Hodara, Sacha Poignonnec on Glassdoor.com . Jeremy Hodara, Sacha Poignonnec has an approval...
Who are some of Jumia Technologies' key competitors?
Some companies that are related to Jumia Technologies include Ozon (OZON) , Revolve Group (RVLV) , Qurate Retail (QRTEA) , Overstock.com (OSTK)...
What other stocks do shareholders of Jumia Technologies own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Jumia Technologies investors own include Tesla (TSLA) , N...
When did Jumia Technologies IPO?
(JMIA) raised $196 million in an IPO on Friday, April 12th 2019. The company issued 13,500,000 shares at a price of $13.00-$16.00 per share. Morgan...
Jumia Technologies AG-ADR (JMIA) Q4 2021 Earnings Call Transcript
Jumia Technologies eyes free shipping, logistics service to boost income
With us today are Sacha Poignonnec and Jeremy Hodara, co-founders and co-CEOs of Jumia, as well as Antoine Maillet-Mezeray, CFO. Actual results may differ materially from those indicated in the forward-looking statements.
Description
African e-commerce firm Jumia Technologies will offer more free shipping of goods to its customers in selected locations to boost usage this year, it said on Wednesday.
Corporate Governance
Jumia Technologies AG operates an e-commerce platform in Africa, Portugal, Germany, and the United Arab Emirates.
Signals & Forecast
Jumia Technologies AG’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.
Support, Risk & Stop-loss
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development.
Is Jumia Technologies AG stock A Buy?
Jumia Technologies AG finds support from accumulated volume at $8.13 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Golden Star Signal
Jumia Technologies AG holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Top Fintech Company
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Jumia Technologies (JMIA)
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
Style Scorecard
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
The Hook
The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.
Looking to the Future
There’s no doubt about it, the very idea of using a company like this as a long-term investment option is an interesting one in and of itself. A lot of companies are looking for something that makes them unique these days, but the overwhelming majority of them tend to miss the mark.
Setting the Course for Success
There is no doubt about it, this company has seen more than its fair share of adversity, something that it shares with a lot of other companies that have struggled to keep their heads above water after roughly two years of being plunged into a pandemic.
Solid Growth or Cause for Concern?
As previously mentioned, this is a company that not only has a dedicated customer base, but the trust of almost an entire continent. As a matter of fact, many people would argue that they are just as much the go-to company for online purchases throughout all of Africa as Amazon is for the United States or the United Kingdom.
Tackling Obstacles
As a matter of fact, there are some stock market experts that fully believe that the company will be capable of overtaking major companies like Amazon within the next five years.
Problems Ahead?
Granted, there have been some issues specific to this particular company that have caused them some problems in the past. For example, they have struggled with getting products to customers in a timely fashion.
Change on the Horizon
Some investors are not convinced that this is a solid long-term investment option for one reason and one reason alone. The company’s performance over the course of the last three months hasn’t exactly been stellar. In fact, they have lost approximately 60% of the profits that they gained after they rebounded from the pandemic.
Shares of the African e-commerce company pulled back along with the broader tech sell-off
As it turns out, there are a number of reasons that the company hasn’t performed particularly well in the stock market as of late. If you really dive into both their history and their business practices, you will see that they are currently experiencing a lot of changes.
What happened
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So what
Shares of Jumia Technologies ( NYSE:JMIA) finished last month lower after the African e-commerce company succumbed to the tech sell-off at the end of the month. The company also delivered a fourth-quarter earnings report that briefly lifted the stock before it continued its slide.
Now what
The tech-heavy Nasdaq index peaked on Feb. 16 and began to pull back as interest yields rose and anticipation for the economic reopening mounted.
Why you should stay away from this e-commerce company
Jumia offers one of the higher levels of risk/reward in the market today. The company is the leading e-commerce company in Africa, a region that other operators have avoided because of poor infrastructure.
2. A complicated path to expansion
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Better investments than Jumia
The untapped nature of African e-commerce is undeniably attractive for Jumia's growth prospects, but realizing that growth may not be so easy. As of 2020, the African continent boasted a 39.3% internet usage rate.