Newegg Commerce Inc. (NASDAQ:NEGG) went up by 7.20% from its latest closing price compared to the recent 1-year high of $79.07. The company’s stock price has collected 2.14% of gains in the last five trading sessions. Press Release reported on 09/02/21 that Newegg Now Offers Same-Day Delivery in Southern California
Is It Worth Investing in Newegg Commerce Inc. (NASDAQ :NEGG) Right Now?
Plus, the 36-month beta value for NEGG is at -0.10. Opinions of the stock are interesting as 0 analysts out of 1 who provided ratings for Newegg Commerce Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $44.00. NEGG currently public float of 16.50M and currently shorts hold a 6.33% ratio of that float. Today, the average trading volume of NEGG was 3.56M shares.
NEGG’s Market Performance
NEGG stocks went up by 2.14% for the week, with a monthly drop of -6.29% and a quarterly performance of 78.35%, while its annual performance rate touched 527.87%. The volatility ratio for the week stands at 5.92% while the volatility levels for the past 30 days are set at 9.15% for Newegg Commerce Inc.. The simple moving average for the period of the last 20 days is 4.10% for NEGG stocks with a simple moving average of 56.76% for the last 200 days.
NEGG Trading at -18.82% from the 50-Day Moving Average
After a stumble in the market that brought NEGG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.45% of loss for the given period.
Volatility was left at 9.15%, however, over the last 30 days, the volatility rate increased by 5.92%, as shares surge +1.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.64% upper at present.
During the last 5 trading sessions, NEGG rose by +2.14%, which changed the moving average for the period of 200-days by +346.52% in comparison to the 20-day moving average, which settled at $17.90. In addition, Newegg Commerce Inc. saw 348.67% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NEGG
Current profitability levels for the company are sitting at:
- +1.11 for the present operating margin
- +12.94 for the gross margin
The net margin for Newegg Commerce Inc. stands at +0.02. The total capital return value is set at 13.21, while invested capital returns managed to touch 0.26. Equity return is now at value 48.00, with 14.80 for asset returns.
Based on Newegg Commerce Inc. (NEGG), the company’s capital structure generated 39.52 points at debt to equity in total, while total debt to capital is 28.32.
When we switch over and look at the enterprise to sales, we see a ratio of 0.05, with the company’s debt to enterprise value settled at 0.54. The receivables turnover for the company is 31.97 and the total asset turnover is 4.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.