Jumia Technologies AG (JMIA, Financial), a prominent pan-African e-commerce platform, experienced a notable stock movement, with its shares rising by 5.22%. The stock is currently priced at $3.83 per share, with a trading volume of 2.84572 million shares and a turnover rate of 2.32%. The stock's amplitude reached 8.24%.
Recent financial reports indicate that Jumia Technologies AG recorded a revenue of $36.43 million and a net loss of $16.90 million. The company reported a gross profit of $21.04 million, with a price-to-earnings ratio of -4.59. Analysts' ratings show that 100% of the participating institutions recommend holding the stock, with no recommendations for buying or selling.
Within the internet retail sector, where Jumia operates, the overall increase was 0.01%. Notably, stocks such as Jeffs Brands Ltd C/Wts (To Pur Com), Liberty Interactive Corporation - Series A QVC Group Common Stock, and Solo Brands, Inc. saw significant gains. Meanwhile, Jeffs' Brands Ltd, Webuy Global Ltd., and 聚好商城 were actively traded, with turnover rates of 5.33%, 4.86%, and 3.23%, respectively. Stocks with significant amplitude included Thredup Inc., Jeffs Brands Ltd C/Wts (To Pur Com), and Liberty Interactive Corporation - Series A QVC Group Common Stock, with amplitudes of 14.55%, 13.38%, and 13.10%, respectively.
Jumia Technologies AG connects sellers and consumers through its marketplace platform, offering logistics services for delivery and payment services for transactions. The company generates revenue through sales, commissions, fulfillment, value-added services, and marketing. Its primary geographic markets include West Africa, North Africa, East Africa, Southern Africa, Europe, and the UAE, with a significant portion of its revenue coming from West Africa.
