For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Jumia Technologies (JMIA) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Jumia Technologies is a member of our Retail-Wholesale group, which includes 210 different companies and currently sits at #11 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the ave ...

Investors will be eagerly watching for the performance of Jumia Technologies in its upcoming earnings disclosure. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Jumia Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts a ...

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Jumia Technologies cu ...

Jumia Technologies NYSE: JMIA stock is jumping, and the move is the start of a much larger rally that could last for decades. Today, Jumia is a small, African-based eCommerce portal. Over time, it will grow into a giant. African economies are projected to grow at a globeleading average of 3.7% this year, accelerate to over 4.% next year, and sustain acceleration for the foreseeable future. Most nations are forecasted to grow faster than 5% this year and accelerate next, compounded by a rapidly growing middl ...

According to a Seeking Alpha report, Benchmark analysts led by Fawne Jiang stated that Jumia is in a favorable position to capture the "unmet pent-up demand" in the African e-commerce sector. Because the Berlin, Germany-based enterprise is a leader in the continent's online commerce arena, it stands poised to benefit from the underlying demographic transition. This dynamic could spark multiyear and potentially even multi-decade growth. To be fair, the latest assessment of JMIA stock is somewhat contrarian. ...

Introducing Jumia Technologies Is Jumia stock a buy? Ready to invest in African e-commerce? This stock could be your best bet. Writing in StreetInsider.com this morning, Benchmark's Fawne Jiang says that thanks to a demographic explosion in Africa, Jumia is "poised to benefit" from "multi-year and potentially multi-decade e-commerce growth." Africa, argues the analyst, is a market both "vast" and "underserved," and Jumia is offering "tailormade ... logistics and payment services" to help expand e-commerce o ...

JMIA is up 29.8% to trade at $10.98 at last check, pacing for its best day since February after earlier surging to a two-year high of $11.20. The shares staged a bounce off the $7 region, which coincides with support from the 40-day moving average, and conquered their June peak. So far this year, the equity has added 212.2%. Today's bullish coverage is moving the needle, though. So far today, 33,000 calls and 13,000 puts have exchanged hands, which is triple the intraday average volume. Most active is the w ...

Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The most recent trading session ended with Jumia Technologies (JMIA) standing at $8.46, reflecting no shift from the previouse trading day's closing. This change lagged the S&P 500's 0.1% gain on the day. Elsewhere, the Dow saw a downswing of 0.08%, ...

Prior to today's trading, shares of the company had gained 15.06% over the past month. This has outpaced the Retail-Wholesale sector's gain of 2.04% and the S&P 500's gain of 3.22% in that time. It's also important for investors to be aware of any recent modifications to analyst estimates for Jumia Technologies. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability ...

Jumia Technologies is a member of our Retail-Wholesale group, which includes 213 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Over the past three months, the Zacks Consensus Estimate for JMIA's full-year earnings has moved 26.5% higher. This shows that analyst sentiment has improved and the company ...