Free Trial

Jumia Technologies Sees Unusually High Options Volume (NYSE:JMIA)

Jumia Technologies logo with Retail/Wholesale background

Jumia Technologies (NYSE:JMIA - Get Free Report) saw some unusual options trading activity on Tuesday. Investors acquired 21,504 call options on the company. This represents an increase of approximately 602% compared to the average volume of 3,063 call options.

Jumia Technologies Stock Performance

Shares of JMIA stock traded up $0.01 on Friday, reaching $4.42. 2,515,342 shares of the stock were exchanged, compared to its average volume of 3,834,548. 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 has a 50 day moving average of $3.20 and a two-hundred day moving average of $3.14. Jumia Technologies has a 1-year low of $1.60 and a 1-year high of $15.04.

Institutional Investors Weigh In On Jumia Technologies

A number of institutional investors have recently added to or reduced their stakes in the company. Signaturefd LLC raised its holdings in shares of Jumia Technologies by 98.9% in the 4th quarter. Signaturefd LLC now owns 6,809 shares of the company's stock worth $26,000 after purchasing an additional 3,385 shares during the period. Deuterium Capital Management LLC acquired a new stake in Jumia Technologies during the 1st quarter worth approximately $27,000. PDS Planning Inc purchased a new position in Jumia Technologies in the first quarter valued at approximately $31,000. WealthTrust Axiom LLC lifted its position in Jumia Technologies by 30.8% during the first quarter. WealthTrust Axiom LLC now owns 17,161 shares of the company's stock valued at $37,000 after buying an additional 4,036 shares in the last quarter. Finally, Scotia Capital Inc. acquired a new position in Jumia Technologies during the fourth quarter valued at approximately $38,000. 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.

Recommended Stories

Should You Invest $1,000 in Jumia Technologies Right Now?

Before you consider Jumia Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jumia Technologies wasn't on the list.

While Jumia Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore
AI Stocks Are Printing Money — These 3 Are Just Getting Started

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines