In recent trading session, Newegg Commerce Inc (NASDAQ:NEGG) saw 2.89 million shares changing hands at last check today with its beta currently measuring 1.68. Company’s recent per share price level of $0.33 trading at -$0.05 or -13.84% at last check today assigns it a market valuation of $125.99M. That most recent trading price of NEGG’s stock is at a discount of -300.0% from its 52-week high price of $1.32 and is indicating a discount of -3.03% from its 52-week low price of $0.34. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.5 million shares which gives us an average trading volume of 875.95K 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.
Newegg Commerce Inc (NASDAQ:NEGG) trade information
Upright in the red during last session for losing -13.84%, in the last five days NEGG remained trading in the red while hitting it’s week-highest on Tuesday, 03/11/25 when the stock touched $0.33 price level, adding 18.28% to its value on the day. Newegg Commerce Inc’s shares saw a change of -16.75% in year-to-date performance and have moved -16.92% in past 5-day. Newegg Commerce Inc (NASDAQ:NEGG) showed a performance of -24.85% in past 30-days. Number of shares sold short was 1.03 million shares which calculate 1.23 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 90.57% to its recent value today. 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 -960.61% in reaching the projected high whereas dropping to the targeted low would mean a loss of -960.61% for stock’s current value.
Newegg Commerce Inc (NASDAQ:NEGG)’s Major holders
Insiders are in possession of 91.14% of company’s total shares while institution are holding 0.38 percent of that, with stock having share float percentage of 4.28%. Investors also watch the number of corporate investors in a company very closely, which is 0.38% institutions for Newegg Commerce Inc that are currently holding shares of the company.
On the other hand, Fidelity Nasdaq Composite Index ETF and Fidelity NASDAQ Composite Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024, the former fund manager was holding 248.13 shares of worth $76921.0 or 0.07% of the total outstanding shares. The later fund manager was in possession of 191.75 shares on Dec 31, 2024, making its stake of worth around $59442.0 in the company or a holder of 0.05% of company’s stock.
