Newegg Commerce (NASDAQ:NEGG) Stock Price Up 3.6% – Still a Buy?

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

Newegg Commerce Price Performance

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

About Newegg Commerce

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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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