Newegg Commerce (NASDAQ:NEGG) Trading 4.7% Higher – Here’s What Happened

Shares of Newegg Commerce, Inc. (NASDAQ:NEGGGet Free Report) rose 4.7% during trading on Tuesday . The company traded as high as $0.67 and last traded at $0.66. Approximately 653,319 shares were traded during mid-day trading, an increase of 10% from the average daily volume of 595,810 shares. The stock had previously closed at $0.63.

Newegg Commerce Price Performance

The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.54 and a current ratio of 1.21. The firm’s 50 day moving average is $0.71 and its 200 day moving average is $0.84.

Newegg Commerce Company Profile

(Get Free Report)

Newegg Commerce, Inc operates as an electronics-focused e-retailer in North America. The company offers desktops, laptops, gaming laptops, peripherals, and accessories; CPU/processors, graphic cards, motherboards, storage devices, and computer accessories; home video and audio, headphones, pro audio/video, cellphones, wearables, and digital cameras; display and printing, office technology furniture, office supplies, and mailing and inventory supplies; and software, digital downloads, warranty and services, 3rd party gift cards, and entertainment products.

Further Reading

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