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Newegg Commerce (NASDAQ:NEGG) Shares Up 3.6% - Should You Buy?

Newegg Commerce logo with Retail/Wholesale background

Shares of Newegg Commerce, Inc. (NASDAQ:NEGG - Get Free Report) traded up 3.6% during mid-day trading on Friday . The stock traded as high as $0.49 and last traded at $0.46. 806,471 shares changed hands during mid-day trading, an increase of 31% from the average session volume of 617,437 shares. The stock had previously closed at $0.45.

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 firm's 50 day moving average is $0.60 and its 200-day moving average is $0.76.

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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