NEGG Stock Summary and Trading Ideas (Newegg Commerce - Common Shares | NASDAQ:NEGG)

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 - Common Shares trades on the NASDAQ stock market under the symbol NEGG.

As of February 21, 2025, NEGG stock price declined to $0.45 with 887,547 million shares trading.

NEGG has a market cap of $172.67 million. This is considered a Micro Cap stock.

In the last 3 years, NEGG traded as high as $9.19 and as low as $.39.

The top ETF exchange traded funds that NEGG belongs to (by Net Assets): ONEQ.

NEGG has underperformed the market in the last year with a return of -46.2%, while the SPY ETF gained +22.1%. In the last 3 month period, NEGG fell short of the market, returning -20.7%, while SPY returned +1.4%. However, in the most recent 2 weeks NEGG has outperformed the stock market by returning +2.1%, while SPY returned -0.1%.

NEGG support price is $.45 and resistance is $.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NEGG shares will trade within this expected range on the day.