Newegg Commerce Inc. (NASDAQ:NEGG) went up by 6.63% from its latest closing price compared to the recent 1-year high of $22.20. The company’s stock price has collected -9.69% of loss in the last five trading sessions.
Is It Worth Investing in Newegg Commerce Inc. (NASDAQ :NEGG) Right Now?
Newegg Commerce Inc. (NASDAQ:NEGG) scored a price-to-earnings ratio above its average ratio, recording 53.31 x from its present earnings ratio. Plus, the 36-month beta value for NEGG is at 0.39. 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 17.30M and currently shorts hold a 15.44% ratio of that float. Today, the average trading volume of NEGG was 504.73K shares.
NEGG’s Market Performance
NEGG stocks went down by -9.69% for the week, with a monthly drop of -21.68% and a quarterly performance of -56.93%, while its annual performance rate touched -89.89%. The volatility ratio for the week stands at 8.45% while the volatility levels for the past 30 days are set at 9.36% for Newegg Commerce Inc. The simple moving average for the period of the last 20 days is -9.14% for NEGG stocks with a simple moving average of -57.40% for the last 200 days.
NEGG Trading at -18.06% 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 -92.03% of loss for the given period.
Volatility was left at 9.36%, however, over the last 30 days, the volatility rate increased by 8.45%, as shares sank -23.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.59% lower at present.
During the last 5 trading sessions, NEGG fell by -9.69%, which changed the moving average for the period of 200-days by -72.52% in comparison to the 20-day moving average, which settled at $1.9205. In addition, Newegg Commerce Inc. saw -82.93% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NEGG
Current profitability levels for the company are sitting at:
- +1.48 for the present operating margin
- +13.25 for the gross margin
The net margin for Newegg Commerce Inc. stands at +1.53. Equity return is now at value -2.40, with -0.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.