S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
ASML’s Earnings Could Bring The Stock to New Highs
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
ASML’s Earnings Could Bring The Stock to New Highs
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
ASML’s Earnings Could Bring The Stock to New Highs
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
ASML’s Earnings Could Bring The Stock to New Highs
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities

Jumia Technologies (NYSE:JMIA) Hits New 1-Year High at $5.44

Jumia Technologies AG (NYSE:JMIA - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $5.44 and last traded at $5.28, with a volume of 2309265 shares traded. The stock had previously closed at $4.65.

Wall Street Analyst Weigh In

Separately, Morgan Stanley upgraded Jumia Technologies from an "underweight" rating to an "equal weight" rating and boosted their price target for the company from $3.00 to $3.60 in a research note on Wednesday, January 3rd.

Read Our Latest Stock Report on Jumia Technologies

Jumia Technologies Stock Up 18.5 %

The company has a 50 day moving average of $3.48 and a 200-day moving average of $3.10. The company has a quick ratio of 1.35, a current ratio of 1.43 and a debt-to-equity ratio of 0.03.

Institutional Trading of Jumia Technologies

A number of institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC raised its holdings in shares of Jumia Technologies by 852.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 5,467 shares of the company's stock worth $32,000 after buying an additional 4,893 shares in the last quarter. Fairfield Bush & CO. acquired a new position in shares of Jumia Technologies during the 1st quarter worth $66,000. Clear Street Markets LLC acquired a new position in Jumia Technologies in the 4th quarter worth about $28,000. HighTower Advisors LLC acquired a new position in Jumia Technologies in the 3rd quarter worth about $28,000. Finally, Jefferies Financial Group Inc. acquired a new position in Jumia Technologies in the 4th quarter worth about $35,000. 17.58% 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 consumers; logistics service that 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.

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