WallStreetZenWallStreetZen

How to Buy Newegg Commerce Stock

Newegg Commerce Inc

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

Newegg Commerce stock last closed at $0.88, down 4.78% from the previous day, and has decreased 33.13% in one year. It has underperformed other stocks in the Internet Retail industry by 0.52 percentage points. Newegg Commerce stock is currently +69.77% from its 52-week low of $0.52, and -59.26% from its 52-week high of $2.15.

There are currently 380.13M NEGG shares outstanding. The market value of NEGG is $332.99M. In the last 24 hours, 500,499 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.
  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
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

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.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal data to create a new trading account.
  1. Submit your information by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your investment account

Now that you've finished signing up on the best stock app to use, you can securely and quickly fund your account:

Check out this video walkthrough if you need help transferring money into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Newegg Commerce stock

After you have selected the best place to buy Newegg Commerce stock, it's absolutely critical to research their stock prior to investing, so you truly comprehend the risk as well as the opportunity.

Newegg Commerce quick stats

NEGG Price
$0.88
1w %
-22.48%
1y %
-33.13%
5y %
-92.7%
P/E
N/A
P/B
2.45x
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
$332.99M
Next Earnings
Apr 29, 2024
Next Dividend
N/A

Fundamentals of Newegg Commerce

WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.

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

Is NEGG stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge NEGG's true value.

Using relative valuations metrics:

  • NEGG may be undervalued based on its P/B ratio of 2.45x, relative to Internet Retail industry P/B ratio of 5.71x

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

A quick look at NEGG Financials

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 2.08.
  • Total NEGG debt is higher than 5 years ago, relative to shareholder equity.

NEGG Technical Indicators

SMA10
1.06
SMA20
1.05
SMA50
0.93
SMA100
1
SMA200
1.02
MACD
0.01
MACD Signal
0.04
MACD Histogram
-0.02
RSI
37.49
Stochastic %K
14.02
Stochastic %D
32.37
StochRSI %K
0
StochRSI %D
18.23

Who is buying/selling NEGG?

In the last year, insiders at NEGG have not bought or sold any shares.

Research more about who owns NEGG stock here.

Does NEGG stock generate passive income?

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

What others are saying about NEGG

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

Click below to learn what other community members have to say.

Step 5: Make your NEGG purchase

There are two primary 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 generally fine for most investors.
  • Limit order: A limit order allows you to buy or sell a stock 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 button and your broker will place your order.

If you require additional help with buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Monitor your NEGG position

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

Put NEGG on a watchlist to monitor your NEGG stock.

NEGG Feed

How to Buy Stock in Newegg Commerce

To reiterate, here are the 6 steps for buying 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, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your investment in Newegg Commerce, create a watchlist on WallStreetZen today.

NASDAQ: NEGG
$0.88-0.04 (-4.78%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: NEGG
$0.88-0.04 (-4.78%)
Updated Mar 27, 2024
Open eToro Account

FAQ

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

As of Mar 27, 2024, it costs $0.88 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 $0.44, you can buy 0.5 shares of NEGG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Newegg Commerce stock?

One way to place an order for Newegg Commerce stock is with a brokerage account.
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.