Newegg Commerce, Inc. (NASDAQ:NEGG - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 406,288 shares traded hands during trading, an increase of 152% from the previous session's volume of 161,213 shares.The stock last traded at $21.75 and had previously closed at $18.71.
Newegg Commerce Price Performance
The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.76 and a current ratio of 1.16. The company has a 50 day simple moving average of $10.74 and a 200 day simple moving average of $8.32.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC boosted its holdings in shares of Newegg Commerce by 69.1% during the 4th quarter. Renaissance Technologies LLC now owns 85,422 shares of the company's stock worth $34,000 after buying an additional 34,900 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Newegg Commerce during the 4th quarter worth approximately $44,000. XTX Topco Ltd bought a new position in shares of Newegg Commerce during the 1st quarter worth approximately $55,000. Finally, Squarepoint Ops LLC bought a new position in shares of Newegg Commerce during the 4th quarter worth approximately $69,000. Institutional investors and hedge funds own 0.45% of the company's stock.
Newegg Commerce Company Profile
(
Get 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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