Atria Wealth Solutions Inc. purchased a new stake in Jumia Technologies AG (NYSE:JMIA – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 21,948 shares of the company’s stock, valued at approximately $72,000.
Several other hedge funds have also bought and sold shares of the business. Advisor Group Holdings Inc. boosted its holdings in Jumia Technologies by 3.6% during the 1st quarter. Advisor Group Holdings Inc. now owns 41,248 shares of the company’s stock worth $150,000 after acquiring an additional 1,431 shares during the last quarter. Fairfield Bush & CO. purchased a new position in Jumia Technologies during the 1st quarter worth $66,000. JPMorgan Chase & Co. boosted its holdings in Jumia Technologies by 16.6% during the 1st quarter. JPMorgan Chase & Co. now owns 70,005 shares of the company’s stock worth $670,000 after acquiring an additional 9,977 shares during the last quarter. Raymond James & Associates boosted its holdings in Jumia Technologies by 8.7% during the 1st quarter. Raymond James & Associates now owns 60,281 shares of the company’s stock worth $577,000 after acquiring an additional 4,809 shares during the last quarter. Finally, BlackRock Inc. boosted its holdings in Jumia Technologies by 20.7% during the 1st quarter. BlackRock Inc. now owns 36,495 shares of the company’s stock worth $350,000 after acquiring an additional 6,253 shares during the last quarter. Institutional investors and hedge funds own 17.58% of the company’s stock.
Jumia Technologies Price Performance
JMIA opened at $2.65 on Wednesday. The company has a quick ratio of 1.54, a current ratio of 1.62 and a debt-to-equity ratio of 0.04. The firm’s fifty day moving average price is $3.57 and its two-hundred day moving average price is $3.29. Jumia Technologies AG has a 1 year low of $2.55 and a 1 year high of $7.23.
About Jumia Technologies
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.
Read More
- Five stocks we like better than Jumia Technologies
- What’s a Sound Playbook for Investors During Election Years?
- Hold-It-Forever AutoZone Pulls into Buy Zone
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Virtual Riches: 3 Stocks Leading the VR Revolution
- What Is WallStreetBets and What Stocks Are They Targeting?
- 5 eCommerce Companies that need to be on Your Watch List
Want to see what other hedge funds are holding JMIA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jumia Technologies AG (NYSE:JMIA – Free Report).
Receive News & Ratings for Jumia Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jumia Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
