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Jumia Technologies AG - ADR (JMIA) Stock: Do Analysts Think You Should Hold?

Wednesday, November 22, 2023 11:08 AM | InvestorsObserver Analysts

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Jumia Technologies AG - ADR (JMIA) Stock: Do Analysts Think You Should Hold?

Analysts who follow Jumia Technologies AG - ADR (JMIA) on average expect it to decline -1.64% over the next twelve months. Those same analysts give the stock an average rating of Sell. That average rating earns the stock an Analyst Ranking of 0, which means it ranks higher than 0 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 1.69999981
Wall Street analysts are rating JMIA a Sell today. Find out what this means to you and get the rest of the rankings on JMIA!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Jumia Technologies AG - ADR Stock Today?

Jumia Technologies AG - ADR (JMIA) stock is trading at $3.05 as of 10:55 AM on Wednesday, Nov 22, a rise of $0.20, or 7.02% from the previous closing price of $2.85. The stock has traded between $2.91 and $3.11 so far today. Volume today is 872,470 compared to average volume of 1,057,407. Click Here to get the full Stock Report for Jumia Technologies AG - ADR stock.

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