Is this a Prime Time To acquire Newegg Commerce Inc. (NEGG) stock

After finishing at $1.79 in the prior trading day, Newegg Commerce Inc. (NASDAQ: NEGG) closed at $1.86, up 3.91%. In other words, the price has increased by $+0.0700 from its previous closing price. On the day, 1480912 shares were traded. NEGG stock price reached its highest trading level at $1.9300 during the session, while it also had its lowest trading level at $1.7900.

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Our goal is to gain a better understanding of NEGG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.01.

Upgrades & Downgrades

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 3.96.

Stock Price History:

Over the past 52 weeks, NEGG has reached a high of $9.19, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is 1.6146, while the 200-Day Moving Average is calculated to be 3.3224.

Shares Statistics:

The stock has traded on average 1.93M shares per day over the past 3-months and 10M shares per day over the last 10 days, according to various share statistics. A total of 374.09M shares are outstanding, with a floating share count of 19.39M. Insiders hold about 52.90% of the company’s shares, while institutions hold 0.60% stake in the company. Shares short for NEGG as of Oct 13, 2022 were 2.83M with a Short Ratio of 1.89M, compared to 2.39M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 0.75% and a Short% of Float of 21.99%.

Earnings Estimates

Its stock is currently analyzed by 0 different market analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.