|Bid||3.0100 x 3100|
|Ask||3.0700 x 2900|
|Day's Range||2.9173 - 3.1400|
|52 Week Range||2.7900 - 12.5300|
|Beta (5Y Monthly)||2.55|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 15, 2023 - May 19, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.00|
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
One of these hyped-up new-age stocks was Jumia (NYSE: JMIA). Dubbed the "Amazon of Africa," shares of the stock rose over 1,000% during the market bubble period in early 2021. Jumia's strategy to win the e-commerce market in Africa was aggressive, to say the least.
Here is how Jumia Technologies (JMIA) and MercadoLibre (MELI) have performed compared to their sector so far this year.