JMIA Stock: Jumia Technologies AG (NYSE:JMIA) Is Still Worth a Bite

Jumia Technologies AG (NYSE:JMIA) previous close was $29.20 while the outstanding shares total 98.59M. JMIA’s shares traded lower over the last trading session, losing -1.58% on 06/18/21. The shares fell to a low of $28.05 before closing at $28.74. Intraday shares traded counted 3.47 million, which was 48.72% higher than its 30-day average trading volume of 6.77M. The stock’s Relative Strength Index (RSI) is 46.54, with weekly volatility at 7.76% and ATR at 2.36. The JMIA stock’s 52-week price range has touched low of $5.10 and a $69.89 high.

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Investors have identified the Internet Retail company Jumia Technologies AG as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.83 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Jumia Technologies AG (JMIA) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For JMIA, the company has in raw cash 585.41 million on their books with 3.89 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 731.66 million total, with 149.11 million as their total liabilities.

JMIA were able to record -36.0 million as free cash flow during the 08/25/2021 quarter of the year, this saw their quarterly net cash flow reduce by 217.82 million. In cash movements, the company had a total of -35.55 million as operating cash flow.

Potential earnings growth for Jumia Technologies AG (JMIA)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/25/2021 quarter of the year, Jumia Technologies AG recorded a total of 33.0 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 2.2% coming in sequential stages and their sales for the 08/25/2021 quarter reducing by -49.68%.

Having a look at the company’s valuation, the company is expected to record -1.79 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on JMIA sounds very interesting.

Is the stock of JMIA attractive?

In the last 6 months, insiders have changed their ownership in shares of company stock by 0.05%.

1 out of 7 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Jumia Technologies AG. 0 analysts has assigned a Sell rating on the JMIA stock. The 12-month mean consensus price target for the company’s shares has been set at $27.87.