In last trading session, Newegg Commerce Inc (NASDAQ:NEGG) saw 0.8 million shares changing hands with its beta currently measuring 1.54. Company’s recent per share price level of $0.46 trading at $0.01 or 3.59% at ring of the bell on the day assigns it a market valuation of $176.19M. That closing price of NEGG’s stock is at a discount of -215.22% from its 52-week high price of $1.45 and is indicating a premium of 6.52% from its 52-week low price of $0.43. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.95 million shares which gives us an average trading volume of 567.26K if we extend that period to 3-months.
For Newegg Commerce Inc (NEGG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
Newegg Commerce Inc (NASDAQ:NEGG) trade information
Upright in the green during last session for gaining 3.59%, in the last five days NEGG remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $0.46 price level, adding 13.52% to its value on the day. Newegg Commerce Inc’s shares saw a change of -63.37% in year-to-date performance and have moved -10.99% in past 5-day. Newegg Commerce Inc (NASDAQ:NEGG) showed a performance of -21.38% in past 30-days. Number of shares sold short was 0.89 million shares which calculate 1.51 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3.5 to the stock, which implies a rise of 86.86% to its current value. Analysts have been projecting 3.5 as a low price target for the stock while placing it at a high target of 3.5. It follows that stock’s current price would drop -660.87% in reaching the projected high whereas dropping to the targeted low would mean a loss of -660.87% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 47.87% during past 5 years.