Newegg Commerce (NASDAQ:NEGG) Stock Price Up 1.3% – Still a Buy?

Newegg Commerce, Inc. (NASDAQ:NEGGGet Free Report) shot up 1.3% on Monday . The stock traded as high as $0.44 and last traded at $0.43. 698,565 shares were traded during trading, a decline of 22% from the average session volume of 892,381 shares. The stock had previously closed at $0.43.

Newegg Commerce Stock Performance

The firm’s 50 day simple moving average is $0.52 and its 200-day simple moving average is $0.70. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.54 and a current ratio of 1.21.

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.

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