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Nogin (NASDAQ:NOGN) Stock Price Up 1.3%

Defense World ·  Jan 26, 2023 03:03

Nogin, Inc. (NASDAQ:NOGN – Get Rating)'s share price rose 1.3% during trading on Wednesday . The stock traded as high as $0.83 and last traded at $0.80. Approximately 111,653 shares were traded during trading, a decline of 60% from the average daily volume of 282,128 shares. The stock had previously closed at $0.79.

Nogin Stock Up 1.3 %

The business has a 50 day simple moving average of $0.73.

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Nogin (NASDAQ:NOGN – Get Rating) last issued its quarterly earnings data on Monday, November 14th. The company reported ($0.38) EPS for the quarter. The company had revenue of $20.97 million during the quarter.

Institutional Trading of Nogin

An institutional investor recently bought a new position in Nogin stock. Saba Capital Management L.P. purchased a new stake in Nogin, Inc. (NASDAQ:NOGN – Get Rating) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 847,577 shares of the company's stock, valued at approximately $1,144,000. Saba Capital Management L.P. owned 2.97% of Nogin at the end of the most recent reporting period. Institutional investors own 62.08% of the company's stock.

Nogin Company Profile

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Nogin, Inc operates as an e-commerce, technology platform provider in the apparel and ancillary industry's multichannel retailing, business-to-consumer, and business-to-business domains. Its commerce-as-a-service platform's tools provide clients with capabilities around website development, photography, content management, customer service, marketing, warehousing, and fulfillment.

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