Shares of Jumia Technologies (NYSE:JMIA - Get Free Report) saw an uptick in trading volume on Tuesday . 6,235,790 shares traded hands during trading, an increase of 64% from the previous session's volume of 3,790,837 shares.The stock last traded at $4.27 and had previously closed at $4.02.
Jumia Technologies Stock Performance
The company's fifty day simple moving average is $3.20 and its 200 day simple moving average is $3.14. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.57 and a quick ratio of 1.46.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of JMIA. Marshall Wace LLP boosted its holdings in shares of Jumia Technologies by 180.5% during the fourth quarter. Marshall Wace LLP now owns 1,023,405 shares of the company's stock worth $3,909,000 after acquiring an additional 658,618 shares during the period. 683 Capital Management LLC bought a new stake in Jumia Technologies in the 4th quarter valued at $3,384,000. SBI Securities Co. Ltd. boosted its stake in Jumia Technologies by 30.4% in the 1st quarter. SBI Securities Co. Ltd. now owns 399,663 shares of the company's stock valued at $859,000 after purchasing an additional 93,184 shares during the period. Graham Capital Management L.P. grew 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 buying an additional 80,115 shares in the last quarter. Finally, Revisor Wealth Management LLC bought a new position in Jumia Technologies during the 1st quarter worth $399,000. 16.50% of the stock is owned by institutional investors.
About Jumia Technologies
(
Get 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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