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Newegg Commerce Inc. (NEGG) Stock: A Look at the Monthly Trend

The stock of Newegg Commerce Inc. (NEGG) has gone down by -7.39% for the week, with a 2.40% rise in the past month and a -27.05% drop in the past quarter. The volatility ratio for the week is 7.51%, and the volatility levels for the past 30 days are 5.75% for NEGG. The simple moving average for the past 20 days is -2.92% for NEGG’s stock, with a -44.34% simple moving average for the past 200 days.

Is It Worth Investing in Newegg Commerce Inc. (NASDAQ: NEGG) Right Now?

Additionally, the 36-month beta value for NEGG is 0.59. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The average price predicted by analysts for NEGG is $3.00, which is $1.93 above the current price. The public float for NEGG is 20.48M and currently, short sellers hold a 10.87% ratio of that float. The average trading volume of NEGG on May 25, 2023 was 394.70K shares.

NEGG) stock’s latest price update

The stock of Newegg Commerce Inc. (NASDAQ: NEGG) has decreased by -12.70 when compared to last closing price of 1.22.Despite this, the company has seen a loss of -7.39% in its stock price over the last five trading days. The Wall Street Journal reported on 07/08/21 that Newegg, Bitcoin and Carver: What to Watch When the Market Opens

NEGG Trading at -10.53% 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 -80.98% of loss for the given period.

Volatility was left at 5.75%, however, over the last 30 days, the volatility rate increased by 7.51%, as shares surge +4.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.38% lower at present.

During the last 5 trading sessions, NEGG fell by -7.39%, which changed the moving average for the period of 200-days by -72.19% in comparison to the 20-day moving average, which settled at $1.0992. In addition, Newegg Commerce Inc. saw -18.70% 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:

  • -2.79 for the present operating margin
  • +11.95 for the gross margin

The net margin for Newegg Commerce Inc. stands at -3.34. Equity return is now at value -33.20, with -10.60 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.


In conclusion, Newegg Commerce Inc. (NEGG) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.