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Jumia Technologies AG stock reached a significant milestone, hitting a 52-week high of $9.36, with a market capitalization of $1.14 billion. This marks a notable achievement for the e-commerce company, which has experienced a remarkable 1-year change of 113.07%. According to InvestingPro data, the stock has shown impressive momentum with a 266% return over the past six months. The surge in Jumia’s stock price reflects growing investor confidence and interest in the company’s potential within the African e-commerce market. This upward trend comes amid a broader market environment where tech and e-commerce sectors are capturing increased attention, driven by shifts in consumer behavior and digital adoption. With a strong balance sheet showing more cash than debt and a current ratio of 1.38, Jumia’s performance over the past year underscores its strategic initiatives and resilience in navigating the competitive e-commerce landscape. InvestingPro subscribers can access 12 additional key insights about Jumia’s financial health and growth prospects.
In other recent news, Jumia Technologies AG reported its Q2 2025 earnings, revealing a revenue of $45.6 million, which exceeded expectations and represented a 25% increase compared to the previous year. The company reported an earnings per share (EPS) of -$0.12, which fell slightly short of the forecasted -$0.11. Despite the minor EPS miss, the significant revenue beat drew notable attention. Analysts have taken interest in Jumia’s financial performance, and the revenue figures have been a focal point for investor discussions. Jumia’s recent developments have been closely monitored, particularly in the context of its financial results. The company’s ability to surpass revenue expectations has been a key highlight in the recent earnings call. Investors are keenly observing how these financial metrics will influence future assessments by firms such as Jumia Technologies AG.
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