Jumia Technologies (NYSE:JMIA - Get Free Report) fell 4.6% during trading on Wednesday . The stock traded as low as $4.52 and last traded at $4.46. 978,249 shares traded hands during trading, a decline of 74% from the average session volume of 3,818,062 shares. The stock had previously closed at $4.67.
Jumia Technologies Trading Up 0.2%
The stock's 50-day simple moving average is $3.16 and its two-hundred day simple moving average is $3.14. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.46 and a current ratio of 1.57.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Boston Standard Wealth Management LLC lifted its position in shares of Jumia Technologies by 96.4% during the second quarter. Boston Standard Wealth Management LLC now owns 21,092 shares of the company's stock worth $85,000 after purchasing an additional 10,350 shares during the last quarter. Crumly & Associates Inc. increased its stake in Jumia Technologies by 19.7% in the 2nd quarter. Crumly & Associates Inc. now owns 15,813 shares of the company's stock worth $64,000 after buying an additional 2,600 shares during the period. Central Pacific Bank Trust Division purchased a new position in Jumia Technologies in the 2nd quarter worth about $55,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Jumia Technologies by 40.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 66,172 shares of the company's stock valued at $142,000 after buying an additional 19,072 shares in the last quarter. Finally, Banque Transatlantique SA lifted its holdings in Jumia Technologies by 109,875.5% during the 1st quarter. Banque Transatlantique SA now owns 120,973 shares of the company's stock valued at $240,000 after buying an additional 120,863 shares in the last quarter. Hedge funds and other institutional investors own 16.50% of the company's stock.
Jumia Technologies Company Profile
(
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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