Boston Standard Wealth Management LLC Has $85,000 Stock Position in Jumia Technologies $JMIA

Boston Standard Wealth Management LLC grew its stake in shares of Jumia Technologies (NYSE:JMIA) by 96.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 21,092 shares of the company’s stock after buying an additional 10,350 shares during the quarter. Boston Standard Wealth Management LLC’s holdings in Jumia Technologies were worth $85,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in JMIA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Jumia Technologies by 14.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,100 shares of the company’s stock worth $180,000 after acquiring an additional 6,096 shares during the last quarter. Two Sigma Advisers LP raised its holdings in shares of Jumia Technologies by 22.5% in the 4th quarter. Two Sigma Advisers LP now owns 118,700 shares of the company’s stock worth $453,000 after acquiring an additional 21,800 shares during the last quarter. Blair William & Co. IL raised its holdings in shares of Jumia Technologies by 28.6% in the 1st quarter. Blair William & Co. IL now owns 33,700 shares of the company’s stock worth $72,000 after acquiring an additional 7,500 shares during the last quarter. Revisor Wealth Management LLC acquired a new stake in shares of Jumia Technologies in the 1st quarter worth about $399,000. Finally, SBI Securities Co. Ltd. raised its holdings in shares of Jumia Technologies by 30.4% in the 1st quarter. SBI Securities Co. Ltd. now owns 399,663 shares of the company’s stock worth $859,000 after acquiring an additional 93,184 shares during the last quarter. Institutional investors and hedge funds own 16.50% of the company’s stock.

Jumia Technologies Stock Performance

NYSE:JMIA opened at $9.91 on Friday. The company has a current ratio of 1.38, a quick ratio of 1.28 and a debt-to-equity ratio of 0.15. Jumia Technologies has a 52 week low of $1.60 and a 52 week high of $10.28. The firm has a 50-day moving average price of $6.51 and a two-hundred day moving average price of $4.06.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of Jumia Technologies in a report on Monday, August 11th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $4.75.

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.