Newegg Commerce Inc (NEGG) concluded trading on Thursday at a closing price of $0.48, with 5.19 million shares of worth about $2.49 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -42.08% during that period and on February 20, 2025 the price saw a gain of about 6.96%. Currently the company’s common shares owned by public are about 380.41M shares, out of which, 45.21M shares are available for trading.
Stock saw a price change of 8.81% in past 5 days and over the past one month there was a price change of 14.09%. Year-to-date (YTD), NEGG shares are showing a performance of 20.53% which decreased to -50.55% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.39 but also hit the highest price of $1.32 during that period. The average intraday trading volume for Newegg Commerce Inc shares is 834.66K. The stock is currently trading 6.61% above its 20-day simple moving average (SMA20), while that difference is up 2.66% for SMA50 and it goes to -33.78% lower than SMA200.
Newegg Commerce Inc (NASDAQ: NEGG) currently have 380.41M outstanding shares and institutions hold larger chunk of about 0.38% of that.
The stock has a current market capitalization of $182.41M and its 3Y-monthly beta is at 1.85. It has Quick Ratio of 0.70 while making debt-to-equity ratio of 0.63. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NEGG, volatility over the week remained 8.78% while standing at 7.92% over the month.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Noble Capital Markets on February 06, 2023 offering an Outperform rating for the stock and assigned a target price of $3.50 to it.
