During the last session, Newegg Commerce Inc (NASDAQ:NEGG)’s traded shares were 0.22 million, with the beta value of the company hitting 2.28. At the end of the trading day, the stock’s price was $11.28, reflecting an intraday loss of -3.51% or -$0.41. The 52-week high for the NEGG share is $26.40, that puts it down -134.04 from that peak though still a striking 70.57% gain since the share price plummeted to a 52-week low of $3.32. The company’s market capitalization is $218.79M, and the average intraday trading volume over the past 10 days was 2.01 million shares, and the average trade volume was 439.20K shares over the past three months.
Newegg Commerce Inc (NEGG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. NEGG has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Newegg Commerce Inc (NASDAQ:NEGG) trade information
Newegg Commerce Inc (NEGG) registered a -3.51% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.51% in intraday trading to $11.28, hitting a weekly high. The stock’s 5-day price performance is 5.32%, and it has moved by 82.82% in 30 days. Based on these gigs, the overall price performance for the year is -33.84%. The short interest in Newegg Commerce Inc (NASDAQ:NEGG) is 0.15 million shares and it means that shorts have 0.55 day(s) to cover.
The consensus price target of analysts on Wall Street is $3.5, which implies a decrease of -222.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.5 and $3.5 respectively. As a result, NEGG is trading at a premium of 68.97% off the target high and 68.97% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 43.78%.
NEGG Dividends
Newegg Commerce Inc is due to release its next quarterly earnings on 2023-Aug-29. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Newegg Commerce Inc (NASDAQ:NEGG)’s Major holders
Newegg Commerce Inc insiders own 17.58% of total outstanding shares while institutional holders control 0.43%, with the float percentage being 0.53%.
