Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Newegg Commerce Inc’s stock clocked out at $0.49, down -4.08% from its previous closing price of $0.51. In other words, the price has decreased by -$4.08 from its previous closing price. On the day, 1.35 million shares were traded. NEGG stock price reached its highest trading level at $0.5272 during the session, while it also had its lowest trading level at $0.472.
Ratios:
To gain a deeper understanding of NEGG’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 07 ’25 when Yang Yingmei bought 3,000 shares for $0.52 per share.
Yang Yingmei bought 3,000 shares of NEGG for $1,448 on Jan 06 ’25. On Jan 03 ’25, another insider, Yang Yingmei, who serves as the Director of the company, bought 3,000 shares for $0.44 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 189851968 and an Enterprise Value of 237176960. Its current Enterprise Value per Revenue stands at 0.17 whereas that against EBITDA is -4.425.
Stock Price History:
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 -13.58%, while the 200-Day Moving Average is calculated to be -37.12%.
Shares Statistics:
It appears that NEGG traded 666.24K shares on average per day over the past three months and 996940 shares per day over the past ten 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 1734048000 were 708214 with a Short Ratio of 1.06, compared to 1731628800 on 742087. Therefore, it implies a Short% of Shares Outstanding of 708214 and a Short% of Float of 1.8900000000000001.
