Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $2.27 and last traded at $2.38, with a volume of 470 shares trading hands. The stock had previously closed at $2.48.
Qurate Retail Price Performance
The company has a 50-day moving average price of $2.96 and a 200-day moving average price of $3.51. The firm has a market capitalization of $936.80 million, a PE ratio of -3.32 and a beta of 1.32. The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.73.
Qurate Retail (NASDAQ:QRTEB - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported ($0.06) EPS for the quarter. Qurate Retail had a positive return on equity of 23.22% and a negative net margin of 2.71%. The firm had revenue of $2.34 billion for the quarter.
Hedge Funds Weigh In On Qurate Retail
A hedge fund recently bought a new stake in Qurate Retail stock. SG Americas Securities LLC purchased a new stake in Qurate Retail, Inc. (NASDAQ:QRTEB - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,447 shares of the company's stock, valued at approximately $45,000. 2.25% of the stock is currently owned by institutional investors and hedge funds.
Qurate Retail Company Profile
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
