How to buy Newegg (NEGG) shares in the UK

Newegg is now available to buy, having gone public with its IPO in May 2020.

Newegg Commerce Inc
NASDAQ: NEGG - USD
INTERNET RETAIL
$12.68
- $0.90 ( - 6.63%)

The tech-focused e-commerce marketplace has gone public through a reverse merger with Lianluo Smart Limited. Here’s how investors can buy in.

How to buy shares in Newegg

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: NEGG in this case.
  5. Research Newegg shares. The platform should provide the latest information available.
  6. Buy your Newegg shares. It's that simple.
The whole process can take as little as 15 minutes.

How has coronavirus impacted Newegg's share price?

Since the stock market crash that started in February 2020, Newegg's share price has had significant negative movement.

Its last market close was $12.68, which is 69.98% down on its pre-crash value of $42.24 (accounting for the 26 October 2020 split) and 61.51% down on the lowest point reached during the March 2020 crash when the shares fell as low as $20.48 (accounting for the 26 October 2020 split).

If you had bought $1,000 worth of Newegg shares at the start of February 2020, those shares would have been worth $190.76 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 $92.18.

Newegg share price (NASDAQ:NEGG)

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

Newegg shares at a glance

Information last updated 2021-08-27.
Open$17.1079
High$21.22
Low$16.75
Close$19.05
Previous close$16.89
Change$2.16
Change %12.7886%
Volume3,308,547
Information last updated 2021-10-21.
52-week range$3.04 - $59.28
50-day moving average$15.5556
200-day moving average$15.6245
PE ratio151.3265
Dividend yieldN/A (0%)
Earnings per share (TTM)$0.098
Promoted
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Invest in Newegg shares with 0% commission

Other fees apply. Your capital is at risk.

  • Unlimited trades, with no dealing charges or management fees
  • Pay no stamp duty on UK shares (saving 0.5%)
  • Create an account today in a few minutes
Capital at risk

Fees for buying 50x Newegg shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
Freetrade logo £0 No minimum £3.12
£696.16 total
Capital at risk
eToro Free Stocks logo £0 $50 £3.47
£696.50 total
Capital at risk
Fineco logo £0 No minimum £6.93
£699.97 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.26
£694.30 total
Capital at risk
Stake logo £0 £50 £3.61
£696.65 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £19.03
£712.07 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £18.53
£711.57 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £18.31
£711.35 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is it a good time to buy Newegg 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.

Is Newegg under- or over-valued?

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

P/E ratio

Newegg's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 151x. In other words, Newegg shares trade at around 151x 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's P/E ratio is best considered in relation to those of others within the internet retail industry or those of similar companies.

EBITDA

Newegg's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $38.3 million (£0.0 million).

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

To put that into context you can compare it against similar companies.

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 $0.438
Market capitalisation $5.5 billion

TTM: trailing 12 months

How to short and sell Newegg shares

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "NEGG.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 1.0 million Newegg shares held short by investors – that's known as the "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 shares can be evaluated.

Short interest ratio (SIR)

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

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

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

Find out more about how you can short Newegg stock.

Newegg share dividends

We're not expecting Newegg to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.

You may also wish to consider:

Have Newegg's shares ever split?

Newegg'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 shares – just the quantity. However, indirectly, the new 700% higher share price could have impacted the market appetite for Newegg shares which in turn could have impacted Newegg's share price.

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