Newegg Commerce Stock Number Of Shares Shorted
| NEGG Stock | USD 0.45 0.02 4.65% |
Newegg Commerce fundamentals help investors to digest information that contributes to Newegg Commerce's financial success or failures. It also enables traders to predict the movement of Newegg Stock. The fundamental analysis module provides a way to measure Newegg Commerce's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Newegg Commerce stock.
Newegg | Number Of Shares Shorted |
Newegg Commerce Company Number Of Shares Shorted Analysis
Newegg Commerce's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Newegg Commerce Number Of Shares Shorted | 845.39 K |
Most of Newegg Commerce's fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Newegg Commerce is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Newegg Number Of Shares Shorted Driver Correlations
Understanding the fundamental principles of building solid financial models for Newegg Commerce is extremely important. It helps to project a fair market value of Newegg Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Newegg Commerce's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Newegg Commerce's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Newegg Commerce's interrelated accounts and indicators.
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If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
| Competition |
Based on the recorded statements, Newegg Commerce has 845.39 K of outstending shares currently sold short by investors. This is 87.11% lower than that of the Specialty Retail sector and significantly higher than that of the Consumer Discretionary industry. The number of shares shorted for all United States stocks is 82.03% higher than that of the company.
Newegg Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Newegg Commerce's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Newegg Commerce could also be used in its relative valuation, which is a method of valuing Newegg Commerce by comparing valuation metrics of similar companies.Newegg Commerce is currently under evaluation in number of shares shorted category among its peers.
Newegg Fundamentals
| Return On Equity | -0.42 | ||||
| Return On Asset | -0.1 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | (0.05) % | ||||
| Current Valuation | 213.75 M | ||||
| Shares Outstanding | 387.93 M | ||||
| Shares Owned By Insiders | 93.84 % | ||||
| Shares Owned By Institutions | 0.26 % | ||||
| Number Of Shares Shorted | 845.39 K | ||||
| Price To Earning | 9.01 X | ||||
| Price To Book | 1.45 X | ||||
| Price To Sales | 0.12 X | ||||
| Revenue | 1.5 B | ||||
| Gross Profit | 216.63 M | ||||
| EBITDA | (45.69 M) | ||||
| Net Income | (58.99 M) | ||||
| Cash And Equivalents | 70.07 M | ||||
| Cash Per Share | 0.19 X | ||||
| Total Debt | 90.56 M | ||||
| Debt To Equity | 0.67 % | ||||
| Current Ratio | 1.30 X | ||||
| Book Value Per Share | 0.29 X | ||||
| Cash Flow From Operations | (3.84 M) | ||||
| Short Ratio | 2.93 X | ||||
| Earnings Per Share | (0.15) X | ||||
| Target Price | 3.0 | ||||
| Number Of Employees | 932 | ||||
| Beta | 2.85 | ||||
| Market Capitalization | 227.71 M | ||||
| Total Asset | 499.05 M | ||||
| Retained Earnings | (130.7 M) | ||||
| Working Capital | 47.91 M | ||||
| Net Asset | 499.05 M |
About Newegg Commerce Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Newegg Commerce's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newegg Commerce using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newegg Commerce based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Newegg Commerce Piotroski F Score and Newegg Commerce Altman Z Score analysis. For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Computer & Electronics Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newegg Commerce. If investors know Newegg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newegg Commerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Earnings Share (0.15) | Revenue Per Share | Quarterly Revenue Growth (0.14) | Return On Assets |
The market value of Newegg Commerce is measured differently than its book value, which is the value of Newegg that is recorded on the company's balance sheet. Investors also form their own opinion of Newegg Commerce's value that differs from its market value or its book value, called intrinsic value, which is Newegg Commerce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newegg Commerce's market value can be influenced by many factors that don't directly affect Newegg Commerce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newegg Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newegg Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newegg Commerce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.