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Newegg Commerce Inc

Newegg Commerce Inc (NEGG)

0.4775
0.0318
(7.13%)
At close: January 03 4:00PM
0.4559
-0.0216
( -4.52% )
After Hours: 5:51PM

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Key stats and details

Current Price
0.4559
Bid
0.4538
Ask
0.4799
Volume
774,130
0.425 Day's Range 0.485
0.3915 52 Week Range 1.32
Market Cap
Previous Close
0.4457
Open
0.439
Last Trade
69
@
0.4773
Last Trade Time
18:07:49
Financial Volume
$ 354,159
VWAP
0.457493
Average Volume (3m)
653,534
Shares Outstanding
380,413,497
Dividend Yield
-
PE Ratio
-3.09
Earnings Per Share (EPS)
-0.16
Revenue
1.5B
Net Profit
-58.99M

About Newegg Commerce Inc

Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally. Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally.

Sector
Misc Retail Stores, Nec
Industry
Misc Retail Stores, Nec
Website
Headquarters
Road Town, Tortola, Vgb
Founded
-
Newegg Commerce Inc is listed in the Misc Retail Stores sector of the NASDAQ with ticker NEGG. The last closing price for Newegg Commerce was $0.45. Over the last year, Newegg Commerce shares have traded in a share price range of $ 0.3915 to $ 1.32.

Newegg Commerce currently has 380,413,497 shares outstanding. The market capitalization of Newegg Commerce is $169.55 million. Newegg Commerce has a price to earnings ratio (PE ratio) of -3.09.

NEGG Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0042-0.9128450336880.46010.48260.39159931780.42167231CS
4-0.1161-20.29720279720.5720.66450.39158919920.49393278CS
12-0.2304-33.57132449370.68630.730.39156535340.56798228CS
26-0.3841-45.72619047620.841.320.39157648650.80525617CS
52-0.8041-63.81746031751.261.320.39156212540.85900706CS
156-9.9741-95.628954937710.4310.940.39158494822.75848406CS
260-13.1441-96.647794117613.679.070.3915106611613.1931541CS

NEGG - Frequently Asked Questions (FAQ)

What is the current Newegg Commerce share price?
The current share price of Newegg Commerce is $ 0.4559
How many Newegg Commerce shares are in issue?
Newegg Commerce has 380,413,497 shares in issue
What is the market cap of Newegg Commerce?
The market capitalisation of Newegg Commerce is USD 169.55M
What is the 1 year trading range for Newegg Commerce share price?
Newegg Commerce has traded in the range of $ 0.3915 to $ 1.32 during the past year
What is the PE ratio of Newegg Commerce?
The price to earnings ratio of Newegg Commerce is -3.09
What is the cash to sales ratio of Newegg Commerce?
The cash to sales ratio of Newegg Commerce is 0.12
What is the reporting currency for Newegg Commerce?
Newegg Commerce reports financial results in USD
What is the latest annual turnover for Newegg Commerce?
The latest annual turnover of Newegg Commerce is USD 1.5B
What is the latest annual profit for Newegg Commerce?
The latest annual profit of Newegg Commerce is USD -58.99M
What is the registered address of Newegg Commerce?
The registered address for Newegg Commerce is CORPORATE SERVICES CENTER, WICKHAMS CAY II, ROAD TOWN, TORTOLA, VG1110
What is the Newegg Commerce website address?
The website address for Newegg Commerce is www.newegg.com
Which industry sector does Newegg Commerce operate in?
Newegg Commerce operates in the MISC RETAIL STORES, NEC sector

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NEGG Discussion

View Posts
MoneyMaker111 MoneyMaker111 3 days ago
Newegg is poised for continued Revenue growth in 2025

$NEGG (Hyper Bullish / Apish)
#NEGG (Hyper Bullish / Apish)
💚 1 🟢 1
MoneyMaker111 MoneyMaker111 3 days ago
Newegg still sports $1.5 BILLION in Revenue (Current)

$NEGG (Hyper Bullish / Apish)
#NEGG (Hyper Bullish / Apish)
💚 1 🟢 1
SmellMyFinger SmellMyFinger 3 weeks ago
I guess so. Here we are.
πŸ‘οΈ0
SmellMyFinger SmellMyFinger 3 months ago
Could this hit those ~$0.50 levels yet again?
πŸ‘οΈ0
Monksdream Monksdream 4 months ago
NEGG 10Q due AUGUST 27
πŸ‘οΈ0
SmellMyFinger SmellMyFinger 4 months ago
Pending political events, the market waits in anticipation.
πŸ‘οΈ0
glenn1919 glenn1919 6 months ago
NEGG...................https://stockcharts.com/h-sc/ui?s=NEGG&p=W&b=5&g=0&id=p86431144783
πŸ‘οΈ0
Monksdream Monksdream 6 months ago
NEGG 10Q expected July 5
πŸ‘οΈ0
chickentraderr chickentraderr 6 months ago
Tomorrow. Or maybe the next day? Next year. ..that's when it will happen.
πŸ‘οΈ0
Mr Krabs Mr Krabs 6 months ago
Any day now
πŸ‘οΈ0
SmellMyFinger SmellMyFinger 6 months ago
Bearish pennant forming on the daily chart?
πŸ‘οΈ0
Mr Krabs Mr Krabs 7 months ago
I hear you mate, but get ready tomorrow, this one's gonna blow my friend
πŸ‘οΈ0
chickentraderr chickentraderr 7 months ago
What's a potential catalyst? The buyback was a bust. Reverse split is likely. So, I just don't see one. They obviously can't compete with Amazon, and will continue to lose customers to amazon as their customer base is primarily loyal genx from pre-web 2.0 era, and millenials and zoomers were born too late and don't understand why they should shop here, if they even heard of it at all.
πŸ‘οΈ0
SmellMyFinger SmellMyFinger 8 months ago
I think so too, but time will tell.
πŸ‘οΈ0
glenn1919 glenn1919 9 months ago
NEGG...........................https://stockcharts.com/h-sc/ui?s=NEGG&p=W&b=5&g=0&id=p86431144783
πŸ‘οΈ0
MoneyMaker111 MoneyMaker111 10 months ago
NEGG: This stock is poised for crypto, nvidia-card growth

Now that several colluding funds have failed to bring home the 'rs' trophy, Newegg is poised to skyrocket well above $10 per share on streamlined financials, advances in machine learning and advanced intelligence in house and to the rapidly-growing consumer base, rare acceptance of bitcoin and other cryptoassets as payment, and amazing Nvidia graphics card revenues due to prices that crypto miners love.

$NEGG
#NEGG
💚 1 🤑 1
SmellMyFinger SmellMyFinger 10 months ago
Time will tell.
πŸ‘οΈ0
Backstabbed Backstabbed 10 months ago
$NEGG - something big must be coming. Over $1.00 now
πŸ‘οΈ0
Backstabbed Backstabbed 10 months ago
$NEGG - Hit bottom BB
πŸ‘οΈ0
Backstabbed Backstabbed 10 months ago
$NEGG - Let's Go
πŸ‘οΈ0
Backstabbed Backstabbed 11 months ago
$NEGG - looking good and ready to run!
πŸ‘οΈ0
SmellMyFinger SmellMyFinger 11 months ago
If only they would stop inundating the market with form 144s, this could actually recover.
πŸ‘οΈ0
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: Earnings Updates. Bullish! SEE IT:

Earnings:
1. New robots now helping internally ✅
2. Expenditures are reduced ✅
3. The $10 Million Share Buyback has not yet even begun ✅

$NEGG
#NEGG
👍️ 1 💚 1
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: Reports that Newegg could 'squeeze' back to $80

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 1 year ago
GameStop could "buy out Newegg" via stock -Analyst
πŸ‘οΈ0
Backstabbed Backstabbed 1 year ago
nice looks good
πŸ‘οΈ0
da_stock_analyst da_stock_analyst 1 year ago
#NEGG 🔥 80% this week! Watch next week for move $NEGG
πŸ‘οΈ0
SmellMyFinger SmellMyFinger 1 year ago
I tend to agree with that.
πŸ‘οΈ0
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: Newegg technicals show "strong uptrend developing"

$NEGG
#NEGG
💙 1 🧡 1
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: Announces $10 Million buyback of shares. LOOK:

According to Newegg's form 6-K filing on the share buybacks, it's $10 Million worth of shares to be purchased.

The float before buybacks was only 19.84 Million shares available on the market...

Today the average price of the stock transacted at around $0.70. Assuming that buybacks hypothetically occur around this price, then 14.3 Million shares would have to be bought, thereby reducing the number of shares available on the market (the float) to around 5 Million shares, or just over $3 Million worth. In that case, it would only require one investor with just over $3 Million to 'lock' $NEGG 's float.

Yet, according to Ortex, Short Interest in Newegg stock was around 1.51 - 1.87 Million shares, with another 1.23 Million shares in short volume on Tuesday, November 13th. So, as of now, there could be over 3 Million shares short. How would these short positions be able to be bought to cover if the shares are nearly bought up? How would these short sellers be able to close their short position if the shares are not available?

$NEGG
#NEGG
💙 1 🧡 1
Dantheoneman Dantheoneman 1 year ago
This one Looks Solid!
👍️ 1
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: $2 Billion revenue annual, yet only $260M cap?

Newegg too is the only online firm, to my knowledge, that has already incorporated Artificial Intelligence into the shopping experience.

What's wrong with this picture? I like discounts, which means I like Newegg.

$NEGG
#NEGG
💙 1 🧡 1
Extremist223 Extremist223 1 year ago
This stock is firesale price rn. Just bought at 83.9 holding until green
πŸ‘οΈ0
SmellMyFinger SmellMyFinger 1 year ago
This could use another NVIDIA surge.
πŸ‘οΈ0
MoneyMaker111 MoneyMaker111 1 year ago
Newegg Introduces Graphics Card Trade-In Program

https://www.businesswire.com/news/home/20230926386865/en/

$NEGG
#NEGG
👍️ 1
Monksdream Monksdream 1 year ago
NEGG new 52 week low
πŸ‘οΈ0
Monksdream Monksdream 1 year ago
NEGG new 52 week low
πŸ‘οΈ0
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: Newegg Price consolidated above $1. Now Discounted.

$NEGG
#NEGG
👍️ 1
SmellMyFinger SmellMyFinger 1 year ago
Is Chang still banging out those Form 144s?
πŸ‘οΈ0
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: Newegg is the 'Nest-Egg'-maker stock: Safe&Investable

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: Quick shot to $6.00 is not out-of-the-question...

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: Leads the way in implementing AI for e-commerce

β€œAs a leader in implementing AI for e-commerce, Newegg continues to integrate AI into our services, including new entry points for users. We saw a great opportunity to create a ChatGPT plugin to enable subscribers to assemble parts for their dream machine directly within the GPT-4 platform”
-Lucy Huo, Vice President of Application Development for Newegg


β€œOur programmers are investing hundreds of hours weekly on AI-related projects for our platforms including a new AI shopping experience. In addition, we also see opportunities to utilize non-Newegg AI platforms to connect with users wherever they are.”


https://www.businesswire.com/news/home/20230725960800/en/

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: New Newegg Artificial Intelligence ShopGPT

https://finance.yahoo.com/news/newegg-launches-first-computer-shopping-125500193.html

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: We like the stock. SEE IT:



$NEGG
#NEGG
👍️ 1
ghosttrader13 ghosttrader13 1 year ago
Oh stop it already
πŸ‘οΈ0
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: $1.50. Then $2.00. Then $3.00. "Very-Soon"

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 1 year ago
NEGG Uses AI for New Online Shopping Experience..SEE-IT:

https://finance.yahoo.com/news/newegg-uses-ai-build-online-122000354.html

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: $2 Billion in routine sales per annum. Efficient.

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: This discount to value is nontrivial. It's substantial.

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 1 year ago
NEGG: Newfound bull trend is now-confirmed by successful retrace

$NEGG
#NEGG
👍️ 1

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