Landscape Capital Management L.L.C. bought a new stake in Jumia Technologies AG (NYSE:JMIA – Get Rating) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 76,648 shares of the company's stock, valued at approximately $734,000. Landscape Capital Management L.L.C. owned about 0.08% of Jumia Technologies as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Advisor Group Holdings Inc. lifted its stake in Jumia Technologies by 3.6% in the first quarter. Advisor Group Holdings Inc. now owns 41,248 shares of the company's stock valued at $150,000 after buying an additional 1,431 shares during the last quarter. Handelsbanken Fonder AB raised its stake in shares of Jumia Technologies by 10.2% during the fourth quarter. Handelsbanken Fonder AB now owns 16,200 shares of the company's stock valued at $185,000 after purchasing an additional 1,500 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in shares of Jumia Technologies by 9.5% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 19,781 shares of the company's stock valued at $190,000 after purchasing an additional 1,711 shares in the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Jumia Technologies by 94.7% during the first quarter. Exchange Traded Concepts LLC now owns 5,586 shares of the company's stock valued at $54,000 after purchasing an additional 2,717 shares in the last quarter. Finally, International Assets Investment Management LLC raised its stake in shares of Jumia Technologies by 17.7% during the first quarter. International Assets Investment Management LLC now owns 22,950 shares of the company's stock valued at $220,000 after purchasing an additional 3,450 shares in the last quarter. 37.98% of the stock is currently owned by institutional investors.

Jumia Technologies Trading Up 6.2 %

Shares of JMIA opened at $8.28 on Friday. The business's 50-day moving average price is $6.64 and its 200 day moving average price is $7.50. Jumia Technologies AG has a 1-year low of $4.47 and a 1-year high of $22.15. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.67 and a quick ratio of 2.55.

Analyst Ratings Changes

Jumia Technologies Profile

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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 consumers; logistics service that 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.

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