Jumia (NYSE:JMIA): Evaluating Valuation Following Recent Share Price Momentum
Jumia Technologies (NYSE:JMIA) has seen its stock price rise about 6% in the past day and nearly 29% over the last week. Many investors are now watching to see what is driving this renewed momentum in Africa’s leading e-commerce platform.
See our latest analysis for Jumia Technologies.
Momentum is clearly building for Jumia Technologies, with the stock’s 1-year total shareholder return of 225% far outpacing its longer-term track record. The latest multi-day surge follows a strong quarter and growing confidence from investors that Jumia is turning the corner after years of challenges.
If Jumia’s rebound has your attention, it could be a great time to broaden your investment search and discover fast growing stocks with high insider…
