Jumbo traded at 22.80 this Thursday March 26th, increasing 0.62 or 2.80 percent since the previous trading session. Looking back, over the last four weeks, Jumbo gained 8.14 percent. Over the last 12 months, its price fell by 12.24 percent. Looking ahead, we forecast Jumbo to be priced at 21.66 by the end of this quarter and at 19.38 in one year, according to Trading Economics global macro models projections and analysts expectations.
Jumbo SA is a Greece-based company, which is engaged in the retail trade of new items in specialized stores. It is mainly engaged in the retail sale of toys, baby items, seasonal items, decoration items, books and stationery. Furthermore a small part of the Company’s operations is the wholesale trade of toys and similar items to third parties. The Company operates in the following segments: Greece, Cyprus, Bulgaria and Romania. The Company’s subsidiaries include: Jumbo ECR SRL, based in Romania; Jumbo Trading Ltd, based in Cyprus, as well as Jumbo EC.B EOOD Sofia, based in Bulgaria. The Company operates more than 70 stores in Greece, Cyprus, Bulgaria and Romania, as well as an online store e-jumbo.