The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Newegg Commerce Inc’s current trading price is -69.97% away from its 52-week high, while its distance from the 52-week low is -1.17%. The stock’s price range for this period has been between $0.40 and $1.32 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 1.32 million for the day, a number notably higher than the average daily volume of 0.61 million over the last three months.
Newegg Commerce Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $1.32 on 07/05/24, while the lowest price for the same duration was marked at $0.40 on 12/31/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Newegg Commerce Inc (NEGG) has experienced a quarterly decline of -43.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 151.33M and boasts a workforce of 932 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6709, with a change in price of -0.3890. Similarly, Newegg Commerce Inc recorded 565,491 in trading volume during the last 100 days, posting a change of -49.53%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NEGG stands at 0.63. Similarly, the long-term debt-to-equity ratio is also 0.48.
NEGG Stock Stochastic Average
Newegg Commerce Inc’s raw stochastic average for the past 50 days is presently 1.45%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 1.79%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 4.72% and 7.53%, respectively.
NEGG Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price decrease of -68.54%. However, over the past six months, we’ve seen a stronger performance of -53.42%. The price of NEGG leaped by -33.11% over the last 30 days. And in the last five days, it has fallen by -14.27%.
