Newegg Commerce Inc (NASDAQ:NEGG) price on Friday, July 25, rose 11.72% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $34.31.
A look at the stock’s price movement, the close in the last trading session was $30.71, moving within a range at $30.975 and $37.93. The beta value (5-Year monthly) was 3.946. Turning to its 52-week performance, $56.00 and $3.32 were the 52-week high and 52-week low respectively. Overall, NEGG moved 180.54% over the past month.
Newegg Commerce Inc’s market cap currently stands at around $665.49 million, with investors looking forward to this quarter’s earnings report slated for on 2023-Aug-29.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NEGG is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend NEGG as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
NEGG’s current price about 31.75% and 118.98% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 61.35, while 7-day volatility ratio is 16.13% and 24.78% in the 30-day chart. Further, Newegg Commerce Inc (NEGG) has a beta value of 3.13. Analysts have given the company’s stock an average 52-week price target of $11.99, forecast between a low of $11.99 and high of $11.99. Looking at the price targets, the low is 65.05% off current price level while to achieve the yearly target high, price needs to move 65.05%. Nonetheless, investors will most likely welcome a 65.05% jump to $11.99 which is the analysts’ median price.
If we refocus on Newegg Commerce Inc (NASDAQ:NEGG), historical trading data shows that trading volumes averaged 1.13 over the past 10 days and 781.36K over the past 3 months. The company’s latest data on shares outstanding shows there are 19.40 million shares.
The 0.00% of Newegg Commerce Inc’s shares are in the hands of company insiders while institutional holders own 0.44% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.35 million on 2025-07-15, giving us a short ratio of 0.43. The data shows that as of 2025-07-15 short interest in Newegg Commerce Inc (NEGG) stood at 186.0 of shares outstanding, with shares short falling to 0.36 million registered in 2025-06-13. Current price change has pushed the stock 88.10% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NEGG stock continues to rise going into the next quarter.
