The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Newegg Commerce Inc (NASDAQ: NEGG) was $0.37 for the day, down -7.28% from the previous closing price of $0.40. In other words, the price has decreased by -$7.28 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
Our analysis of NEGG’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 10 ’25 when Yang Yingmei bought 3,000 shares for $0.40 per share.
Yang Yingmei bought 3,000 shares of NEGG for $1,182 on Mar 07 ’25. On Mar 06 ’25, another insider, Yang Yingmei, who serves as the Director of the company, bought 3,000 shares for $0.38 each.
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 $0.34. The 50-Day Moving Average of the stock is -15.31%, while the 200-Day Moving Average is calculated to be -46.45%.
Shares Statistics:
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 0.38% stake in the company.
