SBI Securities Co. Ltd. grew its stake in shares of Jumia Technologies (NYSE:JMIA - Free Report) by 30.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 399,663 shares of the company's stock after acquiring an additional 93,184 shares during the quarter. SBI Securities Co. Ltd. owned about 0.33% of Jumia Technologies worth $859,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Marshall Wace LLP boosted its position in Jumia Technologies by 180.5% in the fourth quarter. Marshall Wace LLP now owns 1,023,405 shares of the company's stock worth $3,909,000 after purchasing an additional 658,618 shares during the last quarter. 683 Capital Management LLC purchased a new position in Jumia Technologies in the 4th quarter worth approximately $3,384,000. Graham Capital Management L.P. lifted 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 worth $802,000 after purchasing an additional 80,115 shares in the last quarter. Revisor Wealth Management LLC bought a new stake in Jumia Technologies in the 1st quarter worth approximately $399,000. Finally, Two Sigma Advisers LP increased its stake in Jumia Technologies by 22.5% in the 4th quarter. Two Sigma Advisers LP now owns 118,700 shares of the company's stock worth $453,000 after acquiring an additional 21,800 shares during the last quarter. 16.50% of the stock is currently owned by institutional investors.
Jumia Technologies Stock Performance
Shares of JMIA stock traded up $0.06 during mid-day trading on Friday, hitting $4.65. The stock had a trading volume of 2,631,117 shares, compared to its average volume of 3,599,838. Jumia Technologies has a 12-month low of $1.60 and a 12-month high of $15.04. The firm's 50-day moving average is $3.61 and its two-hundred day moving average is $3.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.57 and a quick ratio of 1.46.
Jumia Technologies Company Profile
(
Free Report)
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.
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