Revisor Wealth Management LLC Invests $399,000 in Jumia Technologies (NYSE:JMIA)

Revisor Wealth Management LLC acquired a new position in shares of Jumia Technologies (NYSE:JMIA - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 185,350 shares of the company's stock, valued at approximately $399,000. Revisor Wealth Management LLC owned approximately 0.15% of Jumia Technologies at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. 683 Capital Management LLC acquired a new position in Jumia Technologies in the 4th quarter valued at $3,384,000. Marshall Wace LLP raised its holdings in Jumia Technologies by 180.5% in the 4th quarter. Marshall Wace LLP now owns 1,023,405 shares of the company's stock valued at $3,909,000 after acquiring an additional 658,618 shares during the last quarter. DnB Asset Management AS acquired a new position in Jumia Technologies in the 4th quarter valued at $446,000. Graham Capital Management L.P. raised its holdings in Jumia Technologies by 61.7% in the 4th quarter. Graham Capital Management L.P. now owns 210,024 shares of the company's stock valued at $802,000 after acquiring an additional 80,115 shares during the last quarter. Finally, Centiva Capital LP raised its holdings in Jumia Technologies by 438.2% in the 4th quarter. Centiva Capital LP now owns 87,477 shares of the company's stock valued at $334,000 after acquiring an additional 71,223 shares during the last quarter. 16.50% of the stock is owned by hedge funds and other institutional investors.

Jumia Technologies Price Performance

JMIA traded up $0.01 during trading on Friday, hitting $4.42. The company's stock had a trading volume of 2,515,342 shares, compared to its average volume of 3,830,611. The firm's 50 day moving average price is $3.24 and its 200-day moving average price is $3.14. The company has a current ratio of 1.57, a quick ratio of 1.46 and a debt-to-equity ratio of 0.12. Jumia Technologies has a twelve month low of $1.60 and a twelve month high of $15.04.

Jumia Technologies Company Profile

Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the United Arab Emirates, and internationally. The company's platform consists of marketplace that connects sellers with customers; logistics service, which enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company's platform in selected markets under the JumiaPay name.