Shares of Jumia Technologies (NYSE:JMIA - Get Free Report) traded up 8.7% during trading on Monday . The company traded as high as $4.98 and last traded at $5.08. 1,046,605 shares traded hands during trading, a decline of 71% from the average session volume of 3,585,349 shares. The stock had previously closed at $4.67.
Jumia Technologies Stock Up 0.3%
The business's 50 day moving average price is $3.61 and its 200-day moving average price is $3.16. The company has a quick ratio of 1.46, a current ratio of 1.57 and a debt-to-equity ratio of 0.12.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of JMIA. Ameriprise Financial Inc. raised its holdings in shares of Jumia Technologies by 11.0% during the fourth quarter. Ameriprise Financial Inc. now owns 24,717 shares of the company's stock valued at $94,000 after acquiring an additional 2,455 shares during the last quarter. Crumly & Associates Inc. lifted its holdings in shares of Jumia Technologies by 19.7% during the 2nd quarter. Crumly & Associates Inc. now owns 15,813 shares of the company's stock valued at $64,000 after acquiring an additional 2,600 shares in the last quarter. Quadrant Capital Group LLC lifted its position in shares of Jumia Technologies by 24.0% in the 4th quarter. Quadrant Capital Group LLC now owns 14,487 shares of the company's stock worth $55,000 after buying an additional 2,804 shares during the last quarter. Signaturefd LLC lifted its position in shares of Jumia Technologies by 98.9% during the 4th quarter. Signaturefd LLC now owns 6,809 shares of the company's stock valued at $26,000 after acquiring an additional 3,385 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Jumia Technologies by 80.9% in the second quarter. GAMMA Investing LLC now owns 7,795 shares of the company's stock valued at $31,000 after acquiring an additional 3,485 shares during the last quarter. 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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