Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $3.40, but opened at $3.52. Qurate Retail shares last traded at $3.52, with a volume of 534 shares changing hands.
Qurate Retail Stock Performance
The firm has a 50-day moving average price of $3.87 and a two-hundred day moving average price of $3.95. The company has a debt-to-equity ratio of 10.65, a current ratio of 1.34 and a quick ratio of 0.90. The firm has a market capitalization of $1.42 billion, a P/E ratio of -8.62 and a beta of 1.27.
Qurate Retail (NASDAQ:QRTEB - Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported $0.05 EPS for the quarter. Qurate Retail had a negative net margin of 2.44% and a positive return on equity of 33.57%. The business had revenue of $2.41 billion for the quarter.
Institutional Trading of Qurate Retail
An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC purchased a new position in shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,447 shares of the company's stock, valued at approximately $45,000. 2.25% of the stock is owned by institutional investors.
About Qurate Retail
(
Get Free Report)
Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.
Recommended Stories
Before you consider Qurate Retail, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Qurate Retail wasn't on the list.
While Qurate Retail currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
