How to Buy Jumia Technologies Ag Stock
Jumia Technologies Ag
Jumia Technologies AG operates an e-commerce platform in Africa. The company's platform consists of marketplace, which 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.
Jumia Technologies Ag stock last closed at $4.54, up 3.18% from the previous day, and has increased 78.04% in one year. It has overperformed other stocks in the Internet Retail industry by 0.66 percentage points. Jumia Technologies Ag stock is currently +104.04% from its 52-week low of $2.23, and -43.95% from its 52-week high of $8.10.
As of Apr 26, 2024, there are 202.28M shares of JMIA outstanding. The market cap of JMIA is $459.17M. In the past 24 hours, 2.29M JMIA shares were traded.
How to Buy Jumia Technologies Ag Stock
Not sure how to invest in Jumia Technologies Ag stock? Here's how.
- Choose where to buy Jumia Technologies Ag stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Jumia Technologies Ag stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your method of payment and add your info.
- Evaluate Jumia Technologies Ag stock: The Jumia Technologies Ag ticker symbol is JMIA. Is Jumia Technologies Ag stock a good investment? Should you buy shares of JMIA? How do JMIA's underlying business fundamentals look? Do top analysts think Jumia Technologies Ag is a good buy? Why has JMIA's stock price moved recently? (Hint: Our stock research website can help you understand if JMIA is a good stock to buy).
- Execute your JMIA buy order: Decide if you will purchase JMIA shares at the current market price or use a limit order to purchase JMIA shares at a given price.
- Get key alerts regarding your JMIA investment: Create a watchlist to get live updates on your position in Jumia Technologies Ag shares.
Step 1: Choose where to buy Jumia Technologies Ag stock
You will need a brokerage account in order to access the NYSE market and buy JMIA shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal information so you are able to buy JMIA stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new brokerage account.
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Step 3: Deposit funds into your investment account
Now that you've finished signing up on a mobile trading app, you can securely and quickly fund your account:
Watch this video walkthrough for more details transferring funds into your new brokerage account.
Step 4: Evaluate Jumia Technologies Ag stock
After you have identified the best place to buy Jumia Technologies Ag stock, it's important to analyze their stock before you invest, so you truly wrap your head around the risk and upside.
Jumia Technologies Ag stock data
Fundamentals of Jumia Technologies Ag
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on JMIA's stock page.
Is JMIA stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge JMIA's fair value.
Using relative valuations methods:
- JMIA could be overvalued based on its P/B ratio of 6.1x, relative to Internet Retail industry P/B ratio of 5.8x
You can do additional valuation research on JMIA's stock here.
Is JMIA a healthy company?
Pros:
- There are more short-term assets than long-term liabilities on the JMIA balance sheet.
- JMIA has cash burn of 81648913. It has enough cash and short-term investments to cover this for at least one year.
- Total JMIA debt is lower than 5 years ago, relative to shareholder equity.
- JMIA has $131.06M in cash and short term investments. This is sufficient to cover its annual cash burn of $81.65M.
- There are more short-term assets than short-term liabilities on the JMIA balance sheet.
Cons:
- JMIA has a relatively high debt to equity ratio of 1.75.
- JMIA profit margin has gone up by 0.61 percentage points in the past year, but the company is still unprofitable.
Do analysts think it's a good time to buy Jumia Technologies Ag stock
Out of 1 Wall Street analysts who give recommendations on JMIA, the consensus analyst rating on JMIA is a Hold
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Jumia Technologies Ag stock forecast page.
Metrics for Advanced JMIA Traders
Is JMIA Making Money?
Last year, JMIA revenue was $202.61M. During the last 5 year, JMIA's revenue has grown by 6.9% per year. This was slower than the Internet Retail industry average of 26.61%.
You can research JMIA's earnings and revenue performance here.
Who is buying/selling JMIA?
Over the last 12 months, executives and large shareholders at JMIA have not bought or sold any shares.
Learn more about who owns JMIA stock here.
Can I get consistent income from JMIA stock?
No, Jumia Technologies Ag doesn't provide an income stream by paying out dividends.
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Step 5: Execute your JMIA buy order
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open button and your broker will execute your order.
If you require additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your JMIA investment
Now that you own some shares in JMIA, you'll want to stay up-to-date on your investment.
Start a watchlist to track the most important metrics related to your JMIA stock.
JMIA Feed
How to Buy Stock in Jumia Technologies Ag
To summarize, here are the 6 steps to buy stock in Jumia Technologies Ag:
- Choose where to buy Jumia Technologies Ag stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Jumia Technologies Ag stock
- Execute your JMIA buy order
- Get key alerts regarding your JMIA investment
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Jumia Technologies Ag, add JMIA to your watchlist below.
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