Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Newegg Commerce Inc (NASDAQ: NEGG) closed at $0.43 in the last session, up 1.27% from day before closing price of $0.43. In other words, the price has increased by $1.27 from its previous closing price. On the day, 0.7 million shares were traded. NEGG stock price reached its highest trading level at $0.4379 during the session, while it also had its lowest trading level at $0.4033.
Ratios:
We take a closer look at NEGG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.48.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Noble Capital Markets on February 06, 2023, initiated with a Outperform rating and assigned the stock a target price of $3.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 17 ’25 when Yang Yingmei bought 3,000 shares for $0.42 per share.
Yang Yingmei bought 3,000 shares of NEGG for $1,260 on Jan 16 ’25. On Jan 15 ’25, another insider, Yang Yingmei, who serves as the Director of the company, bought 3,000 shares for $0.43 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEGG now has a Market Capitalization of 167119376 and an Enterprise Value of 214444384. Its current Enterprise Value per Revenue stands at 0.154 whereas that against EBITDA is -4.001.
Stock Price History:
The Beta on a monthly basis for NEGG is 2.17, which has changed by -0.47560978 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, NEGG has reached a high of $1.32, while it has fallen to a 52-week low of $0.39. The 50-Day Moving Average of the stock is -20.01%, while the 200-Day Moving Average is calculated to be -43.35%.
Shares Statistics:
According to the various share statistics, NEGG traded on average about 739.40K shares per day over the past 3-months and 1015160 shares per day over the past 10 days. A total of 380.41M shares are outstanding, with a floating share count of 45.21M. Insiders hold about 88.16% of the company’s shares, while institutions hold 0.26% stake in the company. Shares short for NEGG as of 1735603200 were 800136 with a Short Ratio of 1.08, compared to 1732838400 on 890870. Therefore, it implies a Short% of Shares Outstanding of 800136 and a Short% of Float of 2.1300000999999997.
