|Bid||43.49 x 900|
|Ask||43.63 x 1400|
|Day's range||42.02 - 48.00|
|52-week range||2.15 - 49.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||10 Nov 2020|
|Forward dividend & yield||N/A (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.