Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Jumia Technologies AG - ADR before investing.

In this article, we go over a few key elements for understanding Jumia Technologies AG - ADR’s stock price such as:

• Jumia Technologies AG - ADR’s current stock price and volume
• Why Jumia Technologies AG - ADR’s stock price changed recently
• Upgrades and downgrades for JMIA from analysts
• JMIA’s stock price momentum as measured by its relative strength

About Jumia Technologies AG - ADR (JMIA)

Before we jump into Jumia Technologies AG - ADR’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Jumia Technologies AG is a Germany-based e-commerce platform provider. The Company’s platform consist of sellers with consumers, its logistics service, which enables the shipment and delivery of packages from sellers to consumers, and its payment service, which facilitates transactions among participants active on the Company’s platform. The Company’s marketplace is consists of a range of sellers that offer goods in a wide range of categories, such as fashion and apparel, smartphones, home and living, consumer packaged goods, beauty and perfumes and other electronics. The Company also provide consumers with access to a various services, such as restaurant food delivery, hotel and flight booking, classified advertising and airtime recharge.

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Jumia Technologies AG - ADR’s Stock Price as of Market Close

As of May 24, 2024, 4:00 PM, CST, Jumia Technologies AG - ADR’s stock price was $6.16.

Jumia Technologies AG - ADR is up 8.83% from its previous closing price of $5.66.

During the last market session, Jumia Technologies AG - ADR’s stock traded between $5.55 and $5.88. Currently, there are 100.89 million shares of Jumia Technologies AG - ADR stock available for purchase.

Unfortunately, Jumia Technologies AG - ADR’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Jumia Technologies AG - ADR Stock Price History

Jumia Technologies AG - ADR’s (JMIA) price is currently up 40.32% so far this month.

During the month of May, Jumia Technologies AG - ADR’s stock price has reached a high of $7.43 and a low of $4.31.

Over the last year, Jumia Technologies AG - ADR has hit prices as high as $8.10 and as low as $2.23. Year to date, Jumia Technologies AG - ADR’s stock is up 91.9%.

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What Caused Jumia Technologies AG - ADR Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 23, 2024, there were analysts who downgraded Jumia Technologies AG - ADR’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Jumia Technologies AG - ADR’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Jumia Technologies AG - ADR’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Jumia Technologies AG - ADR’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Jumia Technologies AG - ADR (JMIA) by visiting AAII Stock Evaluator.

Relative Price Strength of Jumia Technologies AG - ADR

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 23, 2024, Jumia Technologies AG - ADR has a weighted four-quarter relative price strength of 13.30%, which translates to a Momentum Score of 90 and is considered to be Very Strong.

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Jumia Technologies AG - ADR Stock Price: Bottom Line

As of May 24, 2024, Jumia Technologies AG - ADR’s stock price is $6.16, which is up 8.83% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Jumia Technologies AG - ADR stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.