Winslow Evans & Crocker Inc. raised its stake in shares of Jumia Technologies AG – (NYSE:JMIA) by 100.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,000 shares of the company’s stock after acquiring an additional 2,500 shares during the period. Winslow Evans & Crocker Inc.’s holdings in Jumia Technologies were worth $40,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Baillie Gifford & Co. acquired a new stake in shares of Jumia Technologies during the second quarter valued at about $237,842,000. Sumitomo Mitsui Trust Holdings Inc. acquired a new position in shares of Jumia Technologies in the second quarter valued at approximately $28,108,000. Morgan Stanley acquired a new position in shares of Jumia Technologies in the second quarter valued at approximately $9,705,000. Schroder Investment Management Group acquired a new position in shares of Jumia Technologies in the second quarter valued at approximately $9,682,000. Finally, Summit Partners L P acquired a new position in shares of Jumia Technologies in the second quarter valued at approximately $7,309,000. Institutional investors and hedge funds own 18.34% of the company’s stock.
Jumia Technologies stock traded down $0.81 during trading hours on Friday, reaching $7.28. 1,039,029 shares of the stock were exchanged, compared to its average volume of 1,068,230. The stock has a market capitalization of $565.22 million and a PE ratio of -1.81. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.30 and a current ratio of 3.42. Jumia Technologies AG – has a 52-week low of $5.92 and a 52-week high of $49.77. The company’s 50 day moving average price is $9.29.
Jumia Technologies Company Profile
Jumia Technologies AG operates an e-commerce platform in Africa. The company's platform consists of marketplace, which 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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