Shares of Newegg Commerce, Inc. (NASDAQ:NEGG - Get Free Report) were up 4.7% on Tuesday . The stock traded as high as $0.67 and last traded at $0.66. Approximately 653,319 shares changed hands during trading, an increase of 10% from the average daily volume of 595,810 shares. The stock had previously closed at $0.63.
Newegg Commerce Price Performance
The company has a quick ratio of 0.54, a current ratio of 1.21 and a debt-to-equity ratio of 0.54. The business has a 50 day simple moving average of $0.71 and a 200 day simple moving average of $0.84.
About Newegg Commerce
(
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.
Read More
Before you consider Newegg Commerce, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Newegg Commerce wasn't on the list.
While Newegg Commerce currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.