Jumia Technologies has received a consensus rating of Hold. The company’s average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.
Similarly, Why is JMIA stock dropping?
Shares of Jumia Technologies ( JMIA -2.35% ) were falling last month after the African e-commerce company posted a disappointing third-quarter earnings report. According to data from S&P Global Market Intelligence, the stock finished the month down 32%.
What is Nio price target? The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 32.94, with a high estimate of 86.57 and a low estimate of 24.08. The median estimate represents a +67.62% increase from the last price of 19.65.
Thereof, Is JMIA in Nasdaq?
Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares (JMIA) Pre-Market Quotes | Nasdaq.
What sector is JMIA?
Key Data
| Label | Value |
|---|---|
| Exchange | NYSE |
| Sector | Consumer Services |
| Industry | Catalog/Specialty Distribution |
| 1 Year Target | $10.00 |
• 8 avr. 2022
What’s wrong with jumia?
Citron Research openly accused Jumia of fraud and described its equity as “worthless.” From a peak price of $49,99, Jumia stocks fell off a cliff and the bottom dropped out as the share price fell below its IPO price of $14.50. Some disgruntled investors began filing class action lawsuits.
Why is jumia going up?
Jumia Technologies (NYSE:JMIA) stock is rising higher on Monday following news of a deal with United Parcel Service (NYSE:UPS). The deal between the two companies will have Jumia handling the last-mile delivery of packages shipped through UPS. This allows UPS to expand its business in Africa to more areas.
What is wrong with jumia?
Within a few weeks, Jumia’s stock suffered a spectacular decline, weighed down by allegations of fraud and concealed losses, a scathing report by a notorious short-seller, embarrassing fraud lawsuits in New York courts and a public relations disaster over its identity.
Does Nio have a future?
Amid stiff competition, Nio expects to double and refresh its lineup in 2022 with three new electric vehicles. It began deliveries of the ET7, its first electric sedan, March 28. Nio plans to launch the ET5 in September and the ES7, a five-seater electric SUV, before year end.
Is Nio a good long term buy?
As per TipRanks’ analyst rating consensus, Nio is a Strong Buy. Out of 10 analyst ratings, there are 10 Buy recommendations. This stock has an average NIO price target of $60.86, implying an upside of 153.5%. Analyst price targets range from a high of $87 per share to a low of $34 per share.
Who owns the most Nio stock?
Top 10 Owners of NIO Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| Baillie Gifford & Co. | 5.76% | 88,858,365 |
| BlackRock Fund Advisors | 2.60% | 40,093,147 |
| The Vanguard Group, Inc. | 2.40% | 36,994,474 |
| SSgA Funds Management, Inc. | 2.13% | 32,887,731 |
What is jumia?
Jumia is a Pan-African technology company that is built around a marketplace, logistics service and payment service. The logistics service enables the delivery of packages through a network of local partners while the payment services facilitate the payments of online transactions within Jumia’s ecosystem.
Will Amazon Buy Jumia?
According to a survey conducted in the U.S. in February 2021, majority of respondents said that Amazon should move forward with acquiring e-commerce companies, such as Alibaba or Jumia, that year. In terms of respondents’ support, 26 percent said that Amazon should move forward on an M&A with Alibaba and Jumia.
Can Jumia be profitable?
It could take years for Jumia to be profitable . That’s partly because its sales, advertising, technology investments, and general expenses will all increase. For example, its general and administrative expenses excluded share-based compensation and still rose 10% YOY to $25.2 million.
Why is jumia so low?
Summary. Shares of Jumia Technologies have been under pressure from a trend of weaker than expected results from ongoing pandemic disruptions. Despite near-term challenges, the company with a leading e-commerce and fintech platform in Africa is well-positioned to capture a significant growth opportunity.
Which country owns Jumia?
Jumia
| Type | Public |
|---|---|
| Founded | 2012 Lagos, Nigeria . |
| Founders | Jérémy Hodara, Sacha Poignonnec |
| Key people | Jérémy Hodara (CEO) Sacha Poignonnec (CEO) |
| Number of employees | 5100 |
Is selling on Jumia profitable?
Despite the business model shakeup, Jumia is still not profitable, and it is also not growing as fast as it once was. Jumia’s customer base grew to 6.9 million, 500k customers (6.9%) higher than 6.4 million in Q1 2020.
Will NIO go up 2021?
While Nio’s operating performance has been pretty solid, with deliveries for 2021 rising 109% to 91,429 units, the company was overshadowed by rival Xpeng which grew deliveries by 263% last year to 98,000 vehicles.
Is NIO in danger of being delisted?
Your Takeaway on NIO Stock
Nio’s delisting risk is modest at this time. Investors should care more about the company’s path to profitability. When it gets there this year at the earliest, shareholders may hold the stock as it lists on an Asian exchange.
Is NIO a good stock to buy 2021?
Even after its 2021 pullback, Nio has still been a top-performing stock overall in recent years. Investors buying the dip in Nio stock are still paying a more than 300% premium to the stock’s price two years ago. Nio is one of many stocks that have rallied on investor enthusiasm for EV investments.
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