According to company’s latest data on outstanding shares, there are 100.62 million shares outstanding. Meanwhile, the Dow Jones Industrial Improved by 1.26%.ĭata on historical trading for Jumia Technologies AG (NYSE:JMIA) indicates that the trading volumes over the past 10 days have averaged 2.12 million and over the past 3 months, they’ve averaged 1.78 million. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 1.22%. The stock, however, is off 72.13% from where it was a year ago. On the other hand, the price of Meta Platforms Inc. (AMZN) has moved higher at 0.55% on the day and was up 24.24% over the past 12 months. JMIA showed an intraday change of 5.51% in last session, and over the past year, it shrunk by -37.72%%. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a Hold.Ī comparison of Jumia Technologies AG (JMIA) with its peers suggests the former has fared considerably weaker in the market. We see that JMIA’s technical picture suggests that short-term indicators denote the stock is a Hold on average. Revisions could be a useful indicator to get insight on short-term price movement so for the company, there were no upward and no downward review(s) in last seven days. Wall Street analysts also predicted that in 2024, the company’s y-o-y revenues would reach $205.41 million, representing a decrease of -7.40% from the revenues reported in the last year’s results. According to the average forecast, sales growth in current quarter could jump down -15.00%, compared to the corresponding quarter of last year. Data indicates that the EPS growth is expected to be 4.90% in 2024, while the next year’s EPS growth is forecast to be 23.90%.Īnalysts have estimated the company’s revenue for the quarter at $48.7 million, with a low estimate of $48.7 million and a high estimate of $48.7 million. Analysts are projecting the company’s earnings per share (EPS) to be -$0.31, which is expected to increase to -$0.3 for fiscal year -$1.17 and then to about -$0.89 by fiscal year 2024. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. With the market capitalization of Jumia Technologies AG currently standing at about $385.36 million, investors are eagerly awaiting this quarter’s results, scheduled for – Aug 14, 2023. Here are five of the best ways to profit from the AI boom. And investors like you always want to get in on the hottest stocks of tomorrow. And it's about to change everything we know about everything.Īccording to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. The artificial intelligence (AI) revolution is already here.
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