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Is Jumia Technologies AG - ADR (JMIA) Stock About to Get Hot Tuesday?

Tuesday, March 30, 2021 01:14 PM | InvestorsObserver Analysts

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Is Jumia Technologies AG - ADR (JMIA) Stock About to Get Hot Tuesday?

Overall market sentiment has been down on Jumia Technologies AG - ADR (JMIA) stock lately. JMIA receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bearish
Jumia Technologies AG - ADR has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on JMIA!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.

Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.

InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.

For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With JMIA Stock Today?

Jumia Technologies AG - ADR (JMIA) stock is higher by 8.24% while the S&P 500 is down -0.5% as of 1:12 PM on Tuesday, Mar 30. JMIA is up $2.64 from the previous closing price of $32.03 on volume of 7,064,393 shares. Over the past year the S&P 500 is higher by 50.43% while JMIA is up 1011.22%. JMIA lost -$2.36 per share in the over the last 12 months.

To see the top 5 stocks in the Internet Retail industry click here.

More About Jumia Technologies AG - ADR

Jumia Technologies AG is the pan-African e-commerce platform. The company's platform consists of a marketplace, which connects sellers with consumers. Its logistics service enables the shipment and delivery of packages from sellers to consumers, and the company's payment service facilitates transactions among participants active on its platform in selected markets. Jumia generates revenue from Sales of goods, Commissions, Fulfillment, Value-added services, and Marketing & Advertising. Its geographical segments are West Africa, North Africa, East & South Africa, Europe, and United Arab Emirates. The firm generates most of its revenue from the West Africa segment.

Click Here to get the full Stock Score Report on Jumia Technologies AG - ADR (JMIA) Stock.

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