Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Newegg Commerce Inc’s current trading price is -78.78% away from its 52-week high, while its distance from the 52-week low is -18.81%. The stock’s price range during this period has varied between $0.34 and $1.32. The company, active in the Consumer Cyclical sector, saw a trading volume of around 4.34 million for the day, considerably higher average daily volume of 0.88 million observed over the last three months.
Newegg Commerce Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $1.32 on 07/05/24, and the lowest price during that time was $0.34, recorded on 03/14/25.
How Financial Performance Impacts Market Capitalization
Newegg Commerce Inc (NEGG) has experienced a quarterly decline of -53.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 106.93M and boasts a workforce of 932 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5047, with a change in price of -0.3700. Similarly, Newegg Commerce Inc recorded 811,722 in trading volume during the last 100 days, posting a change of -56.91%.
How NEGG’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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
As of today, the raw stochastic average of Newegg Commerce Inc over the past 50 days is 12.82%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 12.93%. Additionally, the Stochastic %K and %D values for the company were 18.31% and 18.27%, respectively, over the past 20 days.
NEGG Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -29.34%. However, over the past six months, we’ve seen a stronger performance of -62.82%. The price of NEGG leaped by -36.21% over the last 30 days. And in the last five days, it has fallen by -29.48%.
