Squarepoint Ops LLC acquired a new position in Newegg Commerce, Inc. (NASDAQ:NEGG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 174,312 shares of the company's stock, valued at approximately $69,000.
Separately, Renaissance Technologies LLC lifted its position in Newegg Commerce by 69.1% during the 4th quarter. Renaissance Technologies LLC now owns 85,422 shares of the company's stock valued at $34,000 after purchasing an additional 34,900 shares during the period. 0.45% of the stock is currently owned by institutional investors.
Newegg Commerce Stock Performance
NEGG traded down $1.06 during trading on Friday, reaching $9.36. 264,202 shares of the company's stock were exchanged, compared to its average volume of 136,251. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.21 and a quick ratio of 0.54. Newegg Commerce, Inc. has a fifty-two week low of $3.32 and a fifty-two week high of $26.40. The company's fifty day moving average price is $5.50 and its 200-day moving average price is $7.55.
Newegg Commerce Profile
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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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