Tower Research Capital LLC TRC Has $27,000 Position in Jumia Technologies AG (NYSE:JMIA)

Tower Research Capital LLC TRC boosted its holdings in shares of Jumia Technologies AG (NYSE:JMIA) by 430.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,688 shares of the company’s stock after acquiring an additional 6,239 shares during the period. Tower Research Capital LLC TRC’s holdings in Jumia Technologies were worth $27,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Jumia Technologies by 59.3% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 28,880 shares of the company’s stock valued at $102,000 after purchasing an additional 10,746 shares in the last quarter. Jump Financial LLC purchased a new stake in Jumia Technologies in the 4th quarter valued at $113,000. GAMMA Investing LLC bought a new position in Jumia Technologies during the 4th quarter valued at $47,000. Daiwa Securities Group Inc. purchased a new position in Jumia Technologies during the 4th quarter worth $61,000. Finally, International Assets Investment Management LLC lifted its stake in Jumia Technologies by 236.3% in the fourth quarter. International Assets Investment Management LLC now owns 56,833 shares of the company’s stock valued at $201,000 after purchasing an additional 39,933 shares during the last quarter. 16.50% of the stock is owned by institutional investors.

Jumia Technologies Stock Performance

NYSE:JMIA traded up $0.16 during trading hours on Friday, reaching $5.06. The stock had a trading volume of 3,183,620 shares, compared to its average volume of 2,009,764. The stock has a 50 day simple moving average of $5.40 and a 200 day simple moving average of $3.98. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.36 and a current ratio of 1.44. Jumia Technologies AG has a 12-month low of $2.22 and a 12-month high of $8.10.

Jumia Technologies Company 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.