Why is Jumia stock rising higher on Monday?
Apr 13, 2022 · finance.yahoo.com - April 4 at 1:15 PM. Jumia Technologies (NYSE:JMIA) Shares Gap Up to $9.48. americanbankingnews.com - April 4 at 10:41 AM. Jumia Technologies AG: UPS Partners with Jumia to Expand its Logistics Services in Africa. finanznachrichten.de - …
How can I get the latest news about jmia?
Apr 04, 2022 · JMIA is already seeing strong trading today with markets only recently opening. As of this writing, some 3.7 million shares have changed hands. That’s closing in …
Should you give Jumia Technologies stock a second chance?
Why Jumia Stock Skyrocketed Today Apr. 4, 2022 at 2:17 p.m. ET on Motley Fool. Is JMIA Stock a Buy Right Now? 3 Analysts Weigh In on JMIA Prices. ... Why Is …
Why are shares of Jumia Technologies Catching Fire?
Apr 22, 2022 · The stock is rated as a Hold by 3 analyst(s), 1 recommend it as a Buy and 0 called the JMIA stock Overweight. In the meantime, 0 analyst(s) believe the stock as Underweight and 1 think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is ...
Why is Jumia stock UP today?
Why Jumia Stock Skyrocketed Today Shares of African e-commerce company Jumia Technologies (NYSE: JMIA) skyrocketed on Monday on news that it had partnered with United Parcel Service (NYSE: UPS). The company will provide shipping logistics to UPS, and this had Jumia stock up 29% as of 1 p.m. ET today.
Is JMIA undervalued?
Therefore, many investors compare this to Jumia's $3.3 billion market cap and conclude the stock is extremely undervalued....The problem with valuing stocks by market capitalization.CompanyMarket capJumia Technologies ( JMIA -6.94% )$3 billionMercadoLibre ( MELI -3.70% )$83 billion3 more rows•Dec 18, 2020
What sector is JMIA in?
Consumer ServicesKey DataLabelValueExchangeNYSESectorConsumer ServicesIndustryCatalog/Specialty Distribution1 Year Target$10.0014 more rows
Is JMIA in Nasdaq?
Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares (JMIA) Pre-Market Quotes | Nasdaq.
Is JMIA a long term stock?
Investors get so wrapped around short-term thinking that they tend to forget the forests for the trees. JMIA stock has solid long-term potential as a proxy for the African growth story.Nov 17, 2021
Why is JMIA so low?
Despite the revenue growth, marketplace revenue, which management had recently billed as the future of the business, stalled, falling from 7.3% to $25.3 million. Instead, first-party revenue was the main driver of the company's growth.Dec 8, 2021
What does JMIA company do?
Its marketplace offers various products in a range of categories, such as fashion and apparel, beauty and personal care, home and living, fast moving consumer goods, smartphones, and other electronics, as well as access to various services, including restaurant food delivery, hotel and flight booking, classified ...
Who is the owner of jumia?
Rocket InternetJumia / Parent organizationRocket Internet SE is a European Internet company headquartered in Berlin. The company builds startups and owns shareholdings in various models of internet retail businesses. The company model is known as a startup studio or a venture builder. Wikipedia
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.
The e-commerce start-up is looking to be the biggest mover in Africa, and investors have piled into its stock over the past week
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.
What happened
Born and raised in the Deep South of Georgia, Jason now calls Southern California home. A Fool since 2006, he began contributing to Fool.com in 2012. Trying to invest better? Like learning about companies with great (or really bad) stories? Jason can usually be found there, cutting through the noise and trying to get to the heart of the story.
So what
Shares of Jumia Technologies ( NYSE:JMIA) were up 27.8% as of 2:37 p.m. EDT on Monday, continuing a run that's seen the e-commerce company's stock more than double over the past week, and rocket 284% higher since the beginning of July.
Now what
Today's run-up looks to be a continuation of the bull run, without any news behind it. Jumia operates an e-commerce platform, offering distribution and product fulfillment in Africa's biggest countries.