Jumia Technologies Ag (JMIA, Financial) experienced a significant stock price increase of 5.01%. The stock is currently trading at $4.19 per share with a volume of 802,663 shares, a turnover rate of 0.66%, and a price volatility of 3.37%.
Recent financial reports show Jumia's revenue at $36.43 million, with a net loss of $16.90 million and a gross profit of $21.04 million. The price-to-earnings ratio stands at -5.04. Among analysts, 50% recommend holding while the other 50% suggest selling, with no buy recommendations.
In the internet retail sector, where Jumia operates, the overall increase was 1.12%. Notable performers in this sector included Hour Loop, Inc., Webuy Global Ltd., and Kidpik Corp., with significant turnover and price volatility.
Jumia Technologies AG is a pan-African e-commerce platform connecting sellers and consumers, offering logistics and payment services. The company generates revenue through sales, commissions, and advertising, with most income from West Africa.
