Newegg Commerce, Inc. (NASDAQ:NEGG - Get Free Report) shares fell 0.5% during trading on Tuesday . The stock traded as low as $0.43 and last traded at $0.44. 349,672 shares were traded during trading, a decline of 62% from the average session volume of 924,099 shares. The stock had previously closed at $0.44.
Newegg Commerce Price Performance
The firm's fifty day moving average price is $0.46 and its 200-day moving average price is $0.63. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.54 and a current ratio of 1.21.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Newegg Commerce stock. Renaissance Technologies LLC lifted its stake in shares of Newegg Commerce, Inc. (NASDAQ:NEGG - Free Report) by 69.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 85,422 shares of the company's stock after buying an additional 34,900 shares during the period. Renaissance Technologies LLC's holdings in Newegg Commerce were worth $34,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.45% of the company's stock.
About Newegg Commerce
(
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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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