Jumia Technologies AG (NYSE:JMIA - Get Free Report) saw strong trading volume on Friday . 5,463,751 shares traded hands during trading, an increase of 78% from the previous session's volume of 3,074,706 shares.The stock last traded at $6.86 and had previously closed at $6.66.
Jumia Technologies Stock Performance
The company has a debt-to-equity ratio of 0.05, a current ratio of 1.27 and a quick ratio of 1.19. The firm has a 50-day moving average of $5.39 and a 200-day moving average of $4.21.
Institutional Trading of Jumia Technologies
Several large investors have recently made changes to their positions in JMIA. Tower Research Capital LLC TRC lifted its holdings in Jumia Technologies by 430.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,688 shares of the company's stock valued at $27,000 after acquiring an additional 6,239 shares during the period. Global Retirement Partners LLC lifted its stake in shares of Jumia Technologies by 138.6% in the 1st quarter. Global Retirement Partners LLC now owns 6,885 shares of the company's stock valued at $35,000 after purchasing an additional 4,000 shares during the period. GAMMA Investing LLC purchased a new stake in Jumia Technologies during the fourth quarter worth $47,000. RFG Advisory LLC acquired a new stake in Jumia Technologies during the first quarter valued at $56,000. Finally, Daiwa Securities Group Inc. purchased a new position in Jumia Technologies in the fourth quarter valued at $61,000. 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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