11,000 Shares in Jumia Technologies AG (NYSE:JMIA) Purchased by RFG Advisory LLC

RFG Advisory LLC purchased a new stake in shares of Jumia Technologies AG (NYSE:JMIA) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,000 shares of the company’s stock, valued at approximately $56,000.

A number of other large investors have also made changes to their positions in JMIA. Laird Norton Trust Company LLC bought a new stake in shares of Jumia Technologies during the 3rd quarter valued at about $280,000. Belpointe Asset Management LLC lifted its position in shares of Jumia Technologies by 45.1% during the 3rd quarter. Belpointe Asset Management LLC now owns 76,288 shares of the company’s stock valued at $201,000 after buying an additional 23,694 shares in the last quarter. Citigroup Inc. lifted its position in shares of Jumia Technologies by 12.2% during the 3rd quarter. Citigroup Inc. now owns 117,783 shares of the company’s stock valued at $311,000 after buying an additional 12,800 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of Jumia Technologies by 5.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 119,588 shares of the company’s stock valued at $422,000 after buying an additional 6,245 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of Jumia Technologies by 236.3% during the 4th quarter. International Assets Investment Management LLC now owns 56,833 shares of the company’s stock valued at $201,000 after buying an additional 39,933 shares in the last quarter. 16.50% of the stock is currently owned by institutional investors.

Jumia Technologies Stock Up 1.5 %

JMIA stock opened at $7.29 on Thursday. Jumia Technologies AG has a twelve month low of $2.22 and a twelve month 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. The business’s 50-day moving average price is $6.50 and its 200-day moving average price is $5.12.

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 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.