Jumia Technologies AG (NYSE:JMIA) Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC increased its position in shares of Jumia Technologies AG (NYSE:JMIA) by 15.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 18,650 shares of the company’s stock after purchasing an additional 2,550 shares during the period. International Assets Investment Management LLC’s holdings in Jumia Technologies were worth $95,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. increased its position in Jumia Technologies by 5.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 119,588 shares of the company’s stock worth $422,000 after buying an additional 6,245 shares during the period. Citigroup Inc. increased its holdings in shares of Jumia Technologies by 12.2% during the third quarter. Citigroup Inc. now owns 117,783 shares of the company’s stock valued at $311,000 after purchasing an additional 12,800 shares during the period. Laird Norton Trust Company LLC acquired a new position in shares of Jumia Technologies during the third quarter valued at $280,000. Belpointe Asset Management LLC increased its holdings in shares of Jumia Technologies by 45.1% during the third quarter. Belpointe Asset Management LLC now owns 76,288 shares of the company’s stock valued at $201,000 after purchasing an additional 23,694 shares during the period. Finally, Jump Financial LLC acquired a new position in Jumia Technologies during the fourth quarter worth about $113,000. 16.50% of the stock is currently owned by institutional investors.

Jumia Technologies Price Performance

NYSE:JMIA opened at $7.26 on Friday. The business’s 50-day moving average price is $6.57 and its 200 day moving average price is $5.13. Jumia Technologies AG has a 52-week low of $2.22 and a 52-week high of $10.55. The company has a quick ratio of 1.19, a current ratio of 1.27 and a debt-to-equity ratio of 0.05.

Jumia Technologies Profile

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.