-$0.70 EPS Expected for Jumia Technologies AG (NYSE:JMIA) This Quarter

Equities analysts predict that Jumia Technologies AG (NYSE:JMIA – Get Rating) will report ($0.70) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Jumia Technologies’ earnings. The firm is scheduled to report its next earnings report before the market opens on Monday, January 1st.

On average, analysts expect that Jumia Technologies will report full year earnings of ($2.87) per share for the current financial year, with EPS estimates ranging from ($2.95) to ($2.78). For the next financial year, analysts forecast that the company will post earnings of ($2.56) per share, with EPS estimates ranging from ($2.98) to ($2.14). Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Jumia Technologies.

Separately, Zacks Investment Research raised shares of Jumia Technologies from a “sell” rating to a “hold” rating in a research note on Wednesday, April 27th.

NYSE JMIA traded down $0.14 during trading hours on Tuesday, reaching $5.39. The company’s stock had a trading volume of 268,679 shares, compared to its average volume of 4,815,413. The company’s 50-day moving average is $8.37 and its two-hundred day moving average is $10.75. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.51 and a current ratio of 3.58. Jumia Technologies has a 1-year low of $5.44 and a 1-year high of $33.87.

Institutional investors have recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Jumia Technologies by 20.6% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 128,161 shares of the company’s stock worth $1,228,000 after acquiring an additional 21,899 shares in the last quarter. Brown Advisory Inc. acquired a new position in Jumia Technologies in the first quarter valued at approximately $148,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its position in shares of Jumia Technologies by 9.5% in the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 19,781 shares of the company’s stock valued at $190,000 after buying an additional 1,711 shares during the last quarter. Qube Research & Technologies Ltd raised its stake in Jumia Technologies by 293.2% during the 1st quarter. Qube Research & Technologies Ltd now owns 53,506 shares of the company’s stock worth $513,000 after acquiring an additional 39,897 shares in the last quarter. Finally, Fairfield Bush & CO. purchased a new stake in Jumia Technologies in the first quarter valued at $66,000. Institutional investors own 37.98% of the company’s stock.

About Jumia Technologies (Get Rating)

Jumia Technologies AG operates an e-commerce platform in Africa, Portugal, Germany, and the United Arab Emirates. The company's platform consists of marketplace that connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company's platform in selected markets.

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