Jumia Technologies (NYSE:JMIA – Get Rating) had its price objective dropped by research analysts at Stifel Nicolaus from $11.00 to $9.00 in a note issued to investors on Wednesday, The Fly reports. Stifel Nicolaus’ target price would suggest a potential upside of 24.31% from the stock’s previous close.
Separately, Zacks Investment Research upgraded shares of Jumia Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, April 27th.
Jumia Technologies stock opened at $7.24 on Wednesday. The company has a current ratio of 3.58, a quick ratio of 3.51 and a debt-to-equity ratio of 0.02. Jumia Technologies has a 12-month low of $4.47 and a 12-month high of $33.87. The firm’s fifty day moving average is $8.07 and its 200 day moving average is $10.28.
Jumia Technologies Company Profile (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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