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What Newegg Commerce Investors Need to Know

Newegg Commerce rose 67% this afternoon, trading between a low of $1.52 and a high of $2.50 per share. The company owns and operates Newegg.com, an online electronics retail platform in the United States. NEGG has a revenue per share ratio of 5.04 and an entreprise value to revenue ratio of 0.343, based on its total revenues of $1,868,153,000. Revenues have a year-on-year growth rate of -35.4%, compared to a YoY growth rate of -40.6% for its earnings.

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