Share Statistics
| Avg Vol (3 month) 3 | 1.7M |
|---|---|
| Shares Outstanding 5 | 368.66M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 8.55M |
| % Held by Insiders 1 | 96.82% |
Similarly, Is Newegg undervalued?
The company’s stock has a p/e ratio of 41.4x compared to the industry average of 28.2x and the overall market’s 18.3x so it’s safe to say it’s overvalued.
Is NEGG shorted? Short Shares Availability
This table shows the number of shares of US:NEGG available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest. It does not include data from other brokers or dark pools.
Thereof, How many shares of NEGG are there?
Share Statistics
NEGG has 368.66 million shares outstanding.
What does NEGG company do?
U.S. Newegg Commerce, Inc. is an online retailer of items including computer hardware and consumer electronics. It is based in City of Industry, California.
How profitable is Newegg?
As a result of these additional expenses, our income from operations and net income increased by 26.9% and 14.0%, respectively.” Mr.
…
Newegg Announces First Half 2021 Financial Results.
| Six Months Ended June 30, | ||
|---|---|---|
| 2021 | 2020 | |
| Net sales | $1,206,872 | $862,700 |
| Cost of sales | 1,039,946 | 738,122 |
| Gross profit | 166,926 | 124,578 |
• 31 août 2021
Why is Newegg going up?
Newegg stock is going up because, like GameStop (GME) and AMC before it, the computer hardware and consumer electronics company has received the infamous meme stock treatment in July of 2021.
Why did Newegg stock go up?
As it suddenly became difficult to find options contracts, their scarcity caused more traders to want them, leading Newegg’s stock to open from under $17 a share on July 1 and hit $79 a week later.
Did Newegg squeeze?
Newegg has been a popular short-squeeze target for retail investors in the past. The company’s e-commerce business model promises potentially sky-high future growth.
Is Newegg profitable?
As a retailer, NewEgg’s’s profit margins are slim. It was only 1.4% in 2008. Amazon’s profit margins are around 3.3%, which is double Newegg’s margins. Reaching a 3.3% margin may the best Newegg can hope for.
What stocks have the highest short interest?
High Short Interest Stocks
| Ticker | Company | ShortInt |
|---|---|---|
| BYND | Beyond Meat Inc | 40.60% |
| GOGO | Gogo Inc | 39.18% |
| ICPT | Intercept Pharmaceuticals Inc | 35.97% |
| BLNK | Blink Charging Co | 35.29% |
How do I buy NEGG stock?
Find the stock by name or ticker symbol – NEGG – and research it before deciding if it’s a good investment for you. 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. Check in on your investment.
Does Newegg sell fakes?
Newegg does not sell knockoffs unless their own suppliers scammed them somehow, as was the case with the i7’s, which is rare but if it happens, you WILL be taken care of. They have their own warehouses and does not allow anyone else to sell through them.
How big is Newegg?
Newegg is the largest online-only retailer of consumer electronics in the United States. Founded in 2001, Newegg has more than 25 million registered users and regularly earns industry-leading customer service ratings. Newegg Inc. Newegg is the largest online-only retailer of consumer electronics in the United States.
Why is NEGG stock rising?
The company has ties to China, which has been beaten up hard in the market over the past year. Furthermore, rising interest rates have the potential to devalue future earnings for high-growth names like NEGG.
Why did Newegg spike in July?
On July 7, NEGG had a short interest volume of 36%. The massive bullish force responsible for the recent spike in the stock price was the consequence of a short squeeze. Once again, business fundamentals were unlikely a factor in recent share price action.
Why did Newegg SPike in July?
On July 7, NEGG had a short interest volume of 36%. The massive bullish force responsible for the recent spike in the stock price was the consequence of a short squeeze. Once again, business fundamentals were unlikely a factor in recent share price action.
Is Newegg shorted?
Newegg Commerce currently has a short interest ratio of 4.0. Learn More on Newegg Commerce’s short interest ratio.
Why is Newegg up?
Newegg stock is going up because, like GameStop (GME) and AMC before it, the computer hardware and consumer electronics company has received the infamous meme stock treatment in July of 2021.
What is Newegg shiba inu?
Electronics and computer e-store Newegg has finally added Shiba Inu as a means of payment, the company announced Thursday. The online retail giant officially confirmed that it would be adding the meme coin to its suite of supported cryptocurrencies in late November.
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