Previous close | 46.86 |
Open | 46.83 |
Bid | 43.49 x 900 |
Ask | 43.63 x 1400 |
Day's range | 42.02 - 48.00 |
52-week range | 2.15 - 49.00 |
Volume | 9,559,543 |
Avg. volume | 16,513,907 |
Market cap | 3.877B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 10 Nov 2020 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 22.31 |
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Jumia Technologies AG...
Shares of Jumia Technologies (NYSE: JMIA) traded up more than 10% as of midday EST on Wednesday, after a prominent investor best known for going short said the African e-commerce company's stock is poised to go higher after a great holiday season. The midday move is even more impressive considering shares of Jumia were down almost 5% on Wednesday prior to the tweet. Jumia, a German company that provides e-commerce sales and services in a number of African countries, has been a battleground stock for the better part of a couple years.
Shares of Jumia Technologies (NYSE: JMIA), the German company that provides e-commerce services to about a dozen African countries, have surged more than 500% over the past 12 months. The bulls might claim that's a reasonable valuation for a company that has an early mover's advantage in Africa's nascent e-commerce market. Jumia went public in April 2019.