Newegg Commerce, Inc. (NASDAQ:NEGG - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $24.70 and last traded at $24.54, with a volume of 275532 shares traded. The stock had previously closed at $21.72.
Newegg Commerce Trading Up 71.4%
The company has a debt-to-equity ratio of 0.50, a current ratio of 1.16 and a quick ratio of 0.76. The stock has a 50-day moving average of $10.74 and a 200-day moving average of $8.30.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC grew its stake in shares of Newegg Commerce by 69.1% in the fourth quarter. Renaissance Technologies LLC now owns 85,422 shares of the company's stock worth $34,000 after purchasing an additional 34,900 shares during the last quarter. Jane Street Group LLC bought a new stake in Newegg Commerce during the 4th quarter valued at approximately $44,000. XTX Topco Ltd bought a new stake in Newegg Commerce during the 1st quarter valued at approximately $55,000. Finally, Squarepoint Ops LLC bought a new stake in Newegg Commerce during the 4th quarter valued at approximately $69,000. 0.45% of the stock is owned by institutional investors.
About Newegg Commerce
(
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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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