Newegg Commerce, Inc. (NASDAQ:NEGG - Get Free Report) saw strong trading volume on Tuesday . 37,993 shares were traded during mid-day trading, an increase of 3% from the previous session's volume of 36,755 shares.The stock last traded at $5.10 and had previously closed at $5.27.
Newegg Commerce Stock Up 2.4 %
The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.54 and a current ratio of 1.21. The firm's 50-day moving average is $6.88 and its 200 day moving average is $9.74.
Institutional Trading of Newegg Commerce
Institutional investors and hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC boosted its holdings in Newegg Commerce by 69.1% in the fourth quarter. Renaissance Technologies LLC now owns 85,422 shares of the company's stock valued at $34,000 after acquiring an additional 34,900 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Newegg Commerce in the 4th quarter valued at about $44,000. Finally, Squarepoint Ops LLC acquired a new stake in Newegg Commerce during the 4th quarter worth approximately $69,000. 0.45% of the stock is currently owned by institutional investors and hedge funds.
About Newegg Commerce
(
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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