SBI Securities Co. Ltd. Acquires 93,184 Shares of Jumia Technologies (NYSE:JMIA)

SBI Securities Co. Ltd. lifted its position in shares of Jumia Technologies (NYSE:JMIA - Free Report) by 30.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 399,663 shares of the company's stock after buying an additional 93,184 shares during the period. SBI Securities Co. Ltd. owned approximately 0.33% of Jumia Technologies worth $859,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of JMIA. Signaturefd LLC increased its stake in Jumia Technologies by 98.9% in the fourth quarter. Signaturefd LLC now owns 6,809 shares of the company's stock valued at $26,000 after acquiring an additional 3,385 shares during the period. Scotia Capital Inc. bought a new stake in Jumia Technologies in the fourth quarter valued at approximately $38,000. Daiwa Securities Group Inc. raised its holdings in shares of Jumia Technologies by 118.8% during the fourth quarter. Daiwa Securities Group Inc. now owns 14,145 shares of the company's stock worth $54,000 after acquiring an additional 7,679 shares during the period. Quadrant Capital Group LLC grew its position in Jumia Technologies by 24.0% in the fourth quarter. Quadrant Capital Group LLC now owns 14,487 shares of the company's stock valued at $55,000 after purchasing an additional 2,804 shares in the last quarter. Finally, PDS Planning Inc bought a new position in Jumia Technologies in the first quarter valued at $31,000. 16.50% of the stock is currently owned by institutional investors and hedge funds.

Jumia Technologies Trading Up 2.3%

JMIA traded up $0.11 during trading on Thursday, reaching $4.63. 3,428,382 shares of the company's stock were exchanged, compared to its average volume of 3,631,837. Jumia Technologies has a one year low of $1.60 and a one year high of $15.04. The company has a current ratio of 1.57, a quick ratio of 1.46 and a debt-to-equity ratio of 0.12. The firm has a fifty day moving average price of $3.55 and a two-hundred day moving average price of $3.16.

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.