Jumia Technologies (NYSE:JMIA - Get Free Report) issued its quarterly earnings data on Thursday. The company reported ($999.00) EPS for the quarter, Zacks reports. The firm had revenue of $45.69 million during the quarter. Jumia Technologies had a negative net margin of 59.16% and a negative return on equity of 174.93%.
Jumia Technologies Stock Down 1.3 %
NYSE:JMIA traded down $0.04 on Monday, hitting $2.73. The company had a trading volume of 5,337,649 shares, compared to its average volume of 3,519,726. Jumia Technologies has a 52 week low of $2.66 and a 52 week high of $15.04. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.80 and a quick ratio of 1.73. The firm has a 50 day moving average of $3.94 and a two-hundred day moving average of $4.41.
Analyst Ratings Changes
Separately, Royal Bank of Canada dropped their price target on shares of Jumia Technologies from $5.00 to $4.75 and set a "sector perform" rating for the company in a research report on Friday.
Get Our Latest Stock Report on Jumia Technologies
About Jumia Technologies
(
Get Free Report)
Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the United Arab Emirates, and internationally. The company's platform consists of marketplace that connects sellers with customers; logistics service, which enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company's platform in selected markets under the JumiaPay name.
Read More
Before you consider Jumia Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jumia Technologies wasn't on the list.
While Jumia Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
