Shares of Newegg Commerce, Inc. (NASDAQ:NEGG - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 400,917 shares changed hands during trading, an increase of 165% from the previous session's volume of 151,525 shares.The stock last traded at $13.37 and had previously closed at $12.23.
Newegg Commerce Price Performance
The company has a quick ratio of 0.76, a current ratio of 1.16 and a debt-to-equity ratio of 0.50. The firm has a 50 day moving average price of $6.80 and a 200 day moving average price of $7.48.
Institutional Investors Weigh In On Newegg Commerce
Institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC lifted its stake 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 acquiring an additional 34,900 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Newegg Commerce in the fourth quarter valued at about $44,000. Squarepoint Ops LLC bought a new position in shares of Newegg Commerce during the fourth quarter valued at about $69,000. Finally, XTX Topco Ltd bought a new position in shares of Newegg Commerce during the first quarter valued at about $55,000. Institutional investors 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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