Qurate Retail (NASDAQ:QRTEB) Hits New 12-Month Low - What's Next?

Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) shares reached a new 52-week low on Monday . The company traded as low as $2.06 and last traded at $2.26, with a volume of 253 shares traded. The stock had previously closed at $2.12.

Qurate Retail Stock Up 9.5 %

The firm has a market capitalization of $873.29 million, a PE ratio of -3.10 and a beta of 1.30. The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.73. The company has a 50-day moving average price of $2.65 and a 200 day moving average price of $3.31.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Qurate Retail stock. Rhumbline Advisers lifted its position in Qurate Retail, Inc. (NASDAQ:QRTEB - Free Report) by 745.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,363 shares of the company's stock after acquiring an additional 9,137 shares during the quarter. Rhumbline Advisers' holdings in Qurate Retail were worth $30,000 at the end of the most recent reporting period. 2.25% of the stock is currently owned by hedge funds and other institutional investors.

Qurate Retail Company Profile

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.