Jumia Technologies AG (NYSE:JMIA – Get Rating)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $7.22, but opened at $7.01. Jumia Technologies shares last traded at $7.07, with a volume of 9,119 shares changing hands.
Analysts Set New Price Targets
Separately, Stifel Nicolaus cut their price objective on Jumia Technologies from $9.00 to $8.00 in a research report on Tuesday, June 28th.
Jumia Technologies Stock Down 3.5 %
The company has a current ratio of 2.67, a quick ratio of 2.55 and a debt-to-equity ratio of 0.04. The stock has a 50-day moving average price of $7.07 and a two-hundred day moving average price of $7.31.
Institutional Inflows and Outflows
Jumia Technologies Company Profile
Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the United Arab Emirates, and internationally. 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.
- Get a free copy of the StockNews.com research report on Jumia Technologies (JMIA)
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