|Bid||3.0700 x 4000|
|Ask||3.1300 x 3100|
|Day's range||2.9950 - 3.1000|
|52-week range||2.7900 - 12.5300|
|Beta (5Y monthly)||2.55|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
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.