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How to buy Newegg Commerce stock in Canada | $14.01

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The tech-focused e-commerce marketplace is poised to go public through a reverse merger with Lianluo Smart Limited. Here’s how investors can prepare.

How to buy shares in Newegg Commerce

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – NEGG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy Newegg Commerce stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How has Coronavirus impacted Newegg Commerce's stock price?

Since the stock market crash in March caused by coronavirus, Newegg Commerce's stock price has had significant positive movement.

Its last market close was $14.01, which is 62.31% up on its pre-crash value of $5.28 and 447.27% up on the lowest point reached during the March crash when the stocks fell as low as $2.56.

If you had bought $1,000 worth of Newegg Commerce stocks at the start of February 2020, those stocks would have been worth $190.70 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $814.54.

Newegg Commerce stock price

Use our graph to track the performance of NEGG stocks over time.

Newegg Commerce shares at a glance

Information last updated 2021-10-14.
Latest market close$14.01
52-week range$3.04 - $59.28
50-day moving average $16.16
200-day moving average $15.48
Wall St. target priceN/A
PE ratio 143.5714
Dividend yield N/A (0%)
Earnings per share (TTM) $0.10

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Newegg Commerce price performance over time

Historical closes compared with the close of $14.01 from 2021-10-15

1 week (2021-10-11) 2.49%
1 month (2021-09-17) -17.44%
3 months (2021-07-16) -54.14%
6 months (2021-04-16) 64.24%
1 year (2020-10-16) 298.01%
2 years (2019-10-18) 161.38%
3 years (2018-10-18) 15.28
5 years (2016-10-18) 12.98%

Is Newegg Commerce under- or over-valued?

Valuing Newegg Commerce stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Newegg Commerce's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Newegg Commerce's P/E ratio

Newegg Commerce's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 144x. In other words, Newegg Commerce shares trade at around 144x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

However, Newegg Commerce's P/E ratio is best considered in relation to those of others within the internet retail industry or those of similar companies.

Newegg Commerce's EBITDA

Newegg Commerce's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $38.3 million.

The EBITDA is a measure of a Newegg Commerce's overall financial performance and is widely used to measure a its profitability.

To put Newegg Commerce's EBITDA into context you can compare it against that of similar companies.

Newegg Commerce financials

Revenue TTM $2.5 billion
Operating margin TTM 1.15%
Gross profit TTM $273.6 million
Return on assets TTM 3.52%
Return on equity TTM 23.14%
Profit margin 1.35%
Book value $0.44
Market capitalisation $5.2 billion

TTM: trailing 12 months

Shorting Newegg Commerce shares

There are currently 1.0 million Newegg Commerce shares held short by investors – that's known as Newegg Commerce's "short interest". This figure is 10.8% up from 945,364 last month.

There are a few different ways that this level of interest in shorting Newegg Commerce shares can be evaluated.

Newegg Commerce's "short interest ratio" (SIR)

Newegg Commerce's "short interest ratio" (SIR) is the quantity of Newegg Commerce shares currently shorted divided by the average quantity of Newegg Commerce shares traded daily (recently around 684430.06535948). Newegg Commerce's SIR currently stands at 1.53. In other words for every 100,000 Newegg Commerce shares traded daily on the market, roughly 1530 shares are currently held short.

To gain some more context, you can compare Newegg Commerce's short interest ratio against those of similar companies.

However Newegg Commerce's short interest can also be evaluated against the total number of Newegg Commerce shares, or, against the total number of tradable Newegg Commerce shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Newegg Commerce's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Newegg Commerce shares in existence, roughly 0 shares are currently held short) or 0.0028% of the tradable shares (for every 100,000 tradable Newegg Commerce shares, roughly 3 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Newegg Commerce.

Newegg Commerce share dividends

We're not expecting Newegg Commerce to pay a dividend over the next 12 months.

You may also wish to consider:

Have Newegg Commerce's shares ever split?

Newegg Commerce's shares were split on a 1:8 basis on 26 October 2020. So if you had owned 8 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Newegg Commerce shares – just the quantity. However, indirectly, the new 700% higher share price could have impacted the market appetite for Newegg Commerce shares which in turn could have impacted Newegg Commerce's share price.

Newegg Commerce overview

Newegg Commerce, Inc. operates as a tech-focused e-retailer in North America, Europe, the Asia Pacific, Latin America, and the Middle East. The company offers computer systems, components, electronics, gaming products, networking and smart home products, office solutions, software and services, automotive and industrial products, home and tool products, health and sport products, apparel and accessories, and hobbies and toys. The company also provides a portfolio of technology, marketing, logistics, and other partner services. The company is headquartered in City of Industry, California. Newegg Commerce, Inc. is a subsidiary of Hangzhou Lianluo Interactive Information Technology Co.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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