Jumia Technologies (NYSE:JMIA – Get Free Report) EVP Antoine Maillet-Mezeray sold 20,000 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $7.09, for a total transaction of $141,800.00. Following the sale, the executive vice president directly owned 279,992 shares of the company’s stock, valued at $1,985,143.28. This represents a 6.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Jumia Technologies Stock Up 0.1%
JMIA traded up $0.01 during trading on Wednesday, hitting $6.90. The company had a trading volume of 1,457,223 shares, compared to its average volume of 2,455,341. The company has a current ratio of 1.02, a quick ratio of 0.93 and a debt-to-equity ratio of 0.53. Jumia Technologies has a one year low of $2.88 and a one year high of $14.72. The firm’s 50-day moving average price is $7.22 and its 200 day moving average price is $9.92.
Hedge Funds Weigh In On Jumia Technologies
A number of large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its stake in shares of Jumia Technologies by 77.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 7,388 shares of the company’s stock worth $51,000 after buying an additional 3,221 shares during the last quarter. Cannell & Spears LLC boosted its stake in shares of Jumia Technologies by 142.5% during the 1st quarter. Cannell & Spears LLC now owns 97,000 shares of the company’s stock worth $669,000 after buying an additional 57,000 shares during the last quarter. Walleye Capital LLC boosted its stake in shares of Jumia Technologies by 1,852.2% during the 1st quarter. Walleye Capital LLC now owns 254,053 shares of the company’s stock worth $1,753,000 after buying an additional 268,552 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Jumia Technologies by 159.4% during the 1st quarter. Cetera Investment Advisers now owns 57,985 shares of the company’s stock worth $400,000 after buying an additional 35,635 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its stake in shares of Jumia Technologies by 9.5% during the 1st quarter. International Assets Investment Management LLC now owns 23,150 shares of the company’s stock worth $161,000 after buying an additional 2,000 shares during the last quarter. 16.50% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Check Out Our Latest Analysis on JMIA
Jumia Technologies Company Profile
Jumia Technologies AG (NYSE: JMIA) operates as a leading e-commerce and technology platform in Africa, facilitating online retail, logistics and digital payments. The company’s marketplace connects millions of consumers with a diverse array of sellers offering electronics, fashion, home goods, groceries and more. Beyond its core retail services, Jumia has developed JumiaPay, a payment solution that enables secure transactions both on and off its platform, and Jumia Logistics, which provides end-to-end delivery and fulfillment support across the continent.
Jumia serves a broad geographic footprint in Africa, with operations in key markets such as Nigeria, Egypt, Kenya, Morocco, Ghana, Côte d’Ivoire, Uganda, Tunisia and South Africa.
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