Shares of Newegg Commerce, Inc. (NASDAQ:NEGG - Get Free Report) saw unusually-high trading volume on Monday . Approximately 518,852 shares traded hands during trading, an increase of 353% from the previous session's volume of 114,479 shares.The stock last traded at $14.66 and had previously closed at $10.40.
Newegg Commerce Price Performance
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 simple moving average is $5.50 and its 200-day simple moving average is $7.55.
Institutional Investors Weigh In On Newegg Commerce
A number of hedge funds have recently made changes to their positions in NEGG. XTX Topco Ltd bought a new stake in shares of Newegg Commerce in the 1st quarter worth approximately $55,000. Squarepoint Ops LLC bought a new stake in shares of Newegg Commerce in the 4th quarter worth approximately $69,000. Jane Street Group LLC bought a new stake in shares of Newegg Commerce in the 4th quarter worth approximately $44,000. Finally, Renaissance Technologies LLC lifted its holdings in shares of Newegg Commerce by 69.1% in the 4th quarter. Renaissance Technologies LLC now owns 85,422 shares of the company's stock worth $34,000 after acquiring an additional 34,900 shares during the last quarter. 0.45% of the stock is currently owned by institutional investors.
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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