Newegg Commerce Inc (NASDAQ:NEGG)’s traded shares stood at 0.11 million during the last session, with the company’s beta value hitting 3.04. At the close of trading, the stock’s price was $16.59, to imply a decrease of -3.55% or -$0.61 in intraday trading. The NEGG share’s 52-week high remains $26.40, putting it -59.13% down since that peak but still an impressive 79.99% since price per share fell to its 52-week low of $3.32. The company has a valuation of $321.79M, with an average of 0.54 million shares in intraday trading volume over the past 10 days and average of 536.57K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Newegg Commerce Inc (NEGG), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give NEGG a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.
Newegg Commerce Inc (NASDAQ:NEGG) trade information
After registering a -3.55% downside in the last session, Newegg Commerce Inc (NEGG) has traded red over the past five days. The 5-day price performance for the stock is 22.25%, and 167.15% over 30 days. With these gigs, the year-to-date price performance is -6.01%. Short interest in Newegg Commerce Inc (NASDAQ:NEGG) saw shorts transact 0.36 million shares and set a 0.33 days time to cover.
The extremes give us $11.99 and $11.99 for target low and target high price respectively. As such, NEGG has been trading 27.73% off suggested target high and 27.73% from its likely low.
NEGG Dividends
Newegg Commerce Inc has its next earnings report out on 2023-Aug-29. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Newegg Commerce Inc (NASDAQ:NEGG)’s Major holders
Newegg Commerce Inc insiders hold 22.38% of total outstanding shares, with institutional holders owning 0.43% of the shares at 0.56% float percentage. In total, 0.43% institutions holds shares in the company.
We also have Blackstone Alternative Investment Fd.s-Blackstone Alternative Multi-St and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund as the top two Mutual Funds with the largest holdings of the Newegg Commerce Inc (NEGG) shares. Going by data provided on Mar 31, 2025, Blackstone Alternative Investment Fd.s-Blackstone Alternative Multi-St holds roughly 5.0 shares. This is just over 0.00% of the total shares, with a market valuation of $82.0. Data from the same date shows that the other fund manager holds a little less at 5.66, or 0.00% of the shares, all valued at about 93816.0.
