Jumia Technologies AG (JMIA, Financial) witnessed a notable stock price increase of 5.03%. The stock is currently trading at $5.43 per share with a trading volume of 2.20168 million shares, a turnover rate of 1.80%, and a volatility of 8.51%.
Recent financial reports indicate that JMIA recorded a revenue of $36.47 million and a net loss of $22.00 million, translating to an EPS of -$0.22. The gross profit stood at $19.34 million, with a P/E ratio of -5.31.
All participating institutions unanimously recommended a buy rating for JMIA, with no hold or sell recommendations.
In the internet retail industry, where JMIA operates, the overall industry declined by 1.00%. Notable gainers included Oriental Culture, Mogu Inc., and LightInTheBox, while active stocks such as 58.com, JD.com, and Dada Nexus showed significant turnover rates of 7.68%, 3.04%, and 2.70%, respectively. Stocks with high volatility included 58.com, Oriental Culture, and Linkage Global Inc., with volatility rates of 33.47%, 29.17%, and 18.50%, respectively.
Jumia Technologies AG is a leading Pan-African e-commerce platform, connecting sellers and consumers through its marketplace, logistics, and payment services. The company generates revenue from sales, commissions, fulfillment services, value-added services, and marketing and advertising. Its primary market is West Africa, but it also operates in North, East, and South Africa, Europe, and the UAE.
