Jumia Technologies (NYSE:JMIA - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $6.05 and last traded at $6.05, with a volume of 6068548 shares changing hands. The stock had previously closed at $4.58.
Jumia Technologies Price Performance
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's fifty day moving average price is $4.00 and its two-hundred day moving average price is $3.25.
Jumia Technologies (NYSE:JMIA - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported ($999.00) earnings per share (EPS) for the quarter. Jumia Technologies had a negative net margin of 48.53% and a negative return on equity of 106.58%.
Hedge Funds Weigh In On Jumia Technologies
A number of hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of Jumia Technologies in the fourth quarter worth $219,000. Commonwealth Equity Services LLC raised its stake in Jumia Technologies by 26.5% during the fourth 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 in the last quarter. Quadrant Capital Group LLC raised its stake in Jumia Technologies by 24.0% during 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. Scotia Capital Inc. purchased a new stake in Jumia Technologies during the fourth quarter valued at $38,000. Finally, Insigneo Advisory Services LLC purchased a new stake in Jumia Technologies during the fourth quarter valued at $256,000. 16.50% of the stock is currently 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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