Jumia Technologies (NYSE:JMIA - Get Free Report) shares saw an uptick in trading volume on Tuesday . 6,235,790 shares were traded during mid-day 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 Up 16.4%
The company has a quick ratio of 1.46, a current ratio of 1.57 and a debt-to-equity ratio of 0.12. The firm has a fifty day simple moving average of $3.07 and a 200-day simple moving average of $3.13.
Institutional Trading of Jumia Technologies
Large investors have recently bought and sold shares of the business. Jones Financial Companies Lllp lifted its stake in Jumia Technologies by 65.2% in the fourth quarter. Jones Financial Companies Lllp now owns 35,123 shares of the company's stock valued at $134,000 after buying an additional 13,861 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Jumia Technologies during the fourth quarter worth $1,171,000. Raymond James Financial Inc. acquired a new position in Jumia Technologies in the 4th quarter worth $219,000. Daiwa Securities Group Inc. increased its holdings in Jumia Technologies by 118.8% during the 4th quarter. Daiwa Securities Group Inc. now owns 14,145 shares of the company's stock worth $54,000 after purchasing an additional 7,679 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of Jumia Technologies by 26.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 36,799 shares of the company's stock valued at $141,000 after purchasing an additional 7,700 shares during the period. 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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