Newegg Commerce, Inc. (NASDAQ:NEGG - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $3.86 and last traded at $4.03, with a volume of 119370 shares traded. The stock had previously closed at $5.26.
Newegg Commerce Price Performance
The company has a debt-to-equity ratio of 0.54, a current ratio of 1.21 and a quick ratio of 0.54. The stock has a fifty day simple moving average of $6.88 and a two-hundred day simple moving average of $9.70.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC grew its holdings in shares of Newegg Commerce by 69.1% during the fourth quarter. Renaissance Technologies LLC now owns 85,422 shares of the company's stock valued at $34,000 after purchasing an additional 34,900 shares during the last quarter. Jane Street Group LLC bought a new stake in Newegg Commerce in the fourth quarter valued at $44,000. Finally, Squarepoint Ops LLC bought a new position in shares of Newegg Commerce during the fourth quarter worth about $69,000. Institutional investors and hedge funds own 0.45% of the company's stock.
Newegg Commerce Company Profile
(
Get Free Report)
Newegg Commerce, Inc operates as an electronics-focused e-retailer in North America. The company offers desktops, laptops, gaming laptops, peripherals, and accessories; CPU/processors, graphic cards, motherboards, storage devices, and computer accessories; home video and audio, headphones, pro audio/video, cellphones, wearables, and digital cameras; display and printing, office technology furniture, office supplies, and mailing and inventory supplies; and software, digital downloads, warranty and services, 3rd party gift cards, and entertainment products.
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