|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||5.77 - 6.05|
|52-week range||5.77 - 6.05|
|Beta (5Y monthly)||2.67|
|PE ratio (TTM)||N/A|
|Earnings date||14 Nov 2022 - 18 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Shares of African e-commerce company Jumia Technologies (NYSE: JMIA) soared 34.1% in August, according to data provided by S&P Global Market Intelligence. On Aug. 10, Jumia reported Q2 results that showed growth in important areas.
Jumia Technologies (JMIA) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Africa-focused e-commerce firm Jumia Technologies has partnered with drone-delivery startup Zipline to deliver household items to remote areas of Ghana, the companies said on Thursday. The venture will combine San Francisco-based Zipline's automated, on-demand delivery system with Jumia's distribution network to enable customers from remote and rural areas to order and receive electronics, cosmetics, fashion and other products. Jumia, an online marketplace for vendors and food sellers, with associated services including logistics and payments, was the first Africa-focused tech start-up to list on the New York Stock Exchange in 2019.