Jumia Technologies Ag ADR (JMIA)
$27.90 0.09 (0.32%)
9:53 EST JMIA Stock Quote Delayed 30 Minutes
Previous Close -
Market Cap -
PE Ratio -
Volume (Avg. Vol.) 5.16M
Day's Range 24.53 - 27.34
52-Week Range 2.15 - 40.90
Dividend & Yield N/A (N/A)
JMIA Stock Predictions, Articles, and Jumia Technologies Ag ADR News
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Momentum buying in Jumia after the earnings report rewarded investors who believed in the company’s prospects.
A lot of questions remain for JMIA stock. However, with one of the company's harshest critics turning into a supporter, things are looking up for Jumia.
Twilio, Snap, General Motors and Jumia were our top stock trades for Friday. Now, let's take a look at the charts to see what's going on.
Despite ugly Q3 numbers, Jumia is doing everything right to situate itself for huge growth once 5G hits Africa, so buy JMIA stock.
The stock is risky. But its long-term prospects in Africa are certainly compelling.
Today's volatility in JMIA stock will be little more than a blip on the radar in 10 years, when Jumia finally becomes the Amazon of Africa.
By Thomas Niel
That being said, after the August sell-off, the odds may be more in your favor now than before with long-shot JMIA stock. Don't bet the ranch, but there's still opportunity here.
If the coronavirus has proven anything, e-commerce is more relevant than ever and JMIA stock has its work cut out for it.
The African e-commerce market holds huge potential. It's not certain whether JMIA stock will seize the opportunity, but it's worth considering.
Share in the African e-commerce company has been hot this year. But JMIA stock is likely to see $5 before $10.
Jumia posted a weak outlook ahead because unsatisfied customers are not coming back, suggesting high risks in holding JMIA stock.
Jumia Technologies is another failing internet stock to avoid. Jumia will likely continue losing money with little to hope for in JMIA stock.
The momentum in JMIA stock is decidedly downwards as investors must accept that not every e-commerce company will be a runaway success.
There's e-commerce opportunity in Africa and JMIA stock is one of the best ways to play that theme, but investors shouldn't expect miracles.
JMIA stock is rebounding in a big way in 2020 thanks to Covid-19, but upcoming 5G catalysts project to be even bigger for the company.
These high-risk stocks also offer tons of reward, but are you flipping a coin between boom or bust? How much risk can you stand?
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