Shares of Jumia Technologies (NYSE:JMIA - Get Free Report) shot up 8.7% during mid-day trading on Monday . The stock traded as high as $4.98 and last traded at $5.08. 1,046,605 shares changed hands during mid-day 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 Performance
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 company has a fifty day moving average of $3.69 and a 200-day moving average of $3.19.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of JMIA. 683 Capital Management LLC purchased a new position in Jumia Technologies in the 4th quarter worth approximately $3,384,000. Marshall Wace LLP raised its position in shares of Jumia Technologies by 180.5% during the 4th quarter. Marshall Wace LLP now owns 1,023,405 shares of the company's stock valued at $3,909,000 after buying an additional 658,618 shares during the period. Revisor Wealth Management LLC purchased a new stake in shares of Jumia Technologies during the 1st quarter valued at approximately $399,000. Banque Transatlantique SA raised its position in shares of 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 during the period. Finally, DnB Asset Management AS purchased a new stake in shares of Jumia Technologies during the 4th quarter valued at approximately $446,000. 16.50% of the stock is owned by hedge funds and other institutional investors.
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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