Jumia Technologies (JMIA) Set to Announce Earnings on Thursday

Jumia Technologies (NYSE:JMIA) is scheduled to issue its quarterly earnings data before the market opens on Thursday, November 7th. Persons interested in participating in the company’s earnings conference call can do so using this link.

Jumia Technologies Trading Up 1.7 %

Shares of NYSE:JMIA traded up $0.08 during trading on Tuesday, reaching $4.70. 439,217 shares of the company’s stock traded hands, compared to its average volume of 3,947,766. Jumia Technologies has a fifty-two week low of $2.46 and a fifty-two week high of $15.04. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.11 and a quick ratio of 1.05. The company has a 50-day simple moving average of $4.88 and a 200-day simple moving average of $6.68.

Analysts Set New Price Targets

Separately, Benchmark reduced their price target on Jumia Technologies from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Wednesday, August 7th.

About Jumia Technologies

Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the United Arab Emirates, and internationally. The company’s platform consists of marketplace that connects sellers with customers; logistics service, which 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 under the JumiaPay name.