Newegg Commerce (NASDAQ:NEGG) Trading 3.6% Higher – Should You Buy?

Newegg Commerce, Inc. (NASDAQ:NEGGGet Free Report) traded up 3.6% on Friday . The company traded as high as $0.49 and last traded at $0.46. 806,471 shares changed hands during mid-day trading, an increase of 31% from the average session volume of 617,437 shares. The stock had previously closed at $0.45.

Newegg Commerce Trading Up 3.6 %

The business has a 50-day simple moving average of $0.60 and a 200-day simple moving average of $0.76. The company has a current ratio of 1.21, a quick ratio of 0.54 and a debt-to-equity ratio of 0.54.

Newegg Commerce Company Profile

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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.

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