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NASDAQ: NEGG

How to Buy Newegg Commerce Stock

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Newegg Commerce Inc

Newegg Commerce, Inc. operates as an electronics-focused e-retailer in North America.

Newegg Commerce stock last closed at $1.69, up 3.68% from the previous day, and has decreased 88.03% in one year. It has underperformed other stocks in the Internet Retail industry by 0.42 percentage points. Newegg Commerce stock is currently +13.27% from its 52-week low of $1.49, and -87.66% from its 52-week high of $13.70.

There are currently 375.27M NEGG shares outstanding. The market value of NEGG is $634.20M. In the last 24 hours, 307,149 NEGG shares were traded.

How to Buy Newegg Commerce Stock

Not sure how to invest in Newegg Commerce stock? Here's how.
  1. Choose where to buy Newegg Commerce stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Newegg Commerce stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected. It's the best place to buy NEGG stock.
  3. Fund your investment account: Select your method of payment and add your information.
  4. Analyze Newegg Commerce stock: The Newegg Commerce ticker symbol is NEGG. Is Newegg Commerce stock a good investment? Should you buy shares of NEGG? How do NEGG's underlying business fundamentals look? Do top analysts think Newegg Commerce is a good buy? Why has NEGG's stock price moved recently? (Hint: Our stock research website can help you understand if NEGG is a good stock to buy).
  5. Make your NEGG purchase: Decide if you will purchase NEGG shares at the current market price or use a limit order to buy NEGG shares at a given price.
  6. Monitor your NEGG position: Create a watchlist to track your investment in Newegg Commerce stock.

Step 1: Choose where to buy Newegg Commerce stock

You need a brokerage account to access the NASDAQ market and buy NEGG stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best place to buy stocks. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to global markets: From Tech to Healthcare, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
  • Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of shares by opening an account with eToro now.

Open eToro Account

Step 2: Create your brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can invest in NEGG today.

How to Start a New Brokerage Account on eToro

  1. Click here to get started.
  2. Input your personal data to create a new trading account.
  1. Submit your information by hitting the "Create Account" button.
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Step 3: Fund your investment account

Check out the video below if you need help transferring money into your new investment account.

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Step 4: Analyze Newegg Commerce stock

It's important to evaluate stocks prior to investing, so you actually wrap your head around the risk as well as the opportunity.

Newegg Commerce Metrics

NEGG Price
$1.69
1w %
-7.65%
1y %
-88.03%
5y %
-87.2%
P/E
N/A
P/B
3.63x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$634.20M
Next Earnings
N/A
Next Dividend
N/A

NEGG Overview

WallStreetZen was designed to help average investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on NEGG's stock page.

How is NEGG stock valued?

You can use many financial metrics, analyses, models, and charts to gauge NEGG's intrinsic value.

Using relative valuations measures:

  • NEGG may be undervalued based on its P/B ratio of 3.63x, relative to Internet Retail industry P/B ratio of 4.51x

You can access more valuation research on NEGG's stock here.

Is NEGG a healthy company?

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the NEGG balance sheet.
  • There are more short-term assets than short-term liabilities on the NEGG balance sheet.

Failed Health Checks:

  • NEGG has a relatively high debt to equity ratio of 1.79.
  • Total NEGG debt is higher than 5 years ago, relative to shareholder equity.

NEGG Momentum

SMA10
1.73
SMA20
1.78
SMA50
2
SMA100
2.71
SMA200
3.91
MACD
-0.1
MACD Signal
-0.11
MACD Histogram
0.01
RSI
42.28
Stochastic %K
23.26
Stochastic %D
25.33
StochRSI %K
38.38
StochRSI %D
48.97

Latest Insiders Trades at NEGG

Over the past 12 months, insiders at NEGG have not bought or sold any shares.

Research more about who owns NEGG stock here.

Can I rely on NEGG as an income stream?

No, Newegg Commerce doesn't provide an income stream by paying out dividends.

NEGG Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Make your NEGG purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price limit, place a limit order.

Press the Open Trade button and eToro will place the order.

If you want additional info about buying stocks on eToro, watch the how to video below:

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Step 6: Monitor your NEGG position

Now that you own some NEGG shares, you'll want to keep up with your investment.

Create a watchlist to get alerted to the latest events about your NEGG stock.

NEGG Feed

How to Buy Stock in Newegg Commerce

To reiterate, here are the 6 steps to buy Newegg Commerce stock:

  1. Choose where to buy Newegg Commerce stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Analyze Newegg Commerce stock
  5. Make your NEGG purchase
  6. Monitor your NEGG position

If you are looking for a brokerage account, eToro is our recommended option.

Get Started with eToro Today

If you want to keep tabs on your investment in Newegg Commerce, create your watchlist below.

NASDAQ: NEGG
$1.69+0.06 (+3.68%)
Updated Dec 8, 2022
Open eToro Account
NASDAQ: NEGG
$1.69+0.06 (+3.68%)
Updated Dec 8, 2022
Open eToro Account

FAQ

How much does it cost to buy one Newegg Commerce share?

As of Dec 8, 2022, it costs $1.69 to buy one share of Newegg Commerce stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.85, you can buy 0.5 shares of NEGG.

Get Started with eToro Today

What is the best way to buy Newegg Commerce stock?

The best way to buy Newegg Commerce stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.