Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) saw an uptick in trading volume on Thursday . 3,533 shares changed hands during trading, an increase of 27% from the previous session's volume of 2,778 shares.The stock last traded at $2.24 and had previously closed at $2.21.
Qurate Retail Stock Up 1.9 %
The company's 50 day moving average price is $2.72 and its two-hundred day moving average price is $3.34. The company has a current ratio of 1.22, a quick ratio of 0.73 and a debt-to-equity ratio of 8.74. The firm has a market cap of $857.41 million, a PE ratio of -3.04 and a beta of 1.30.
Qurate Retail (NASDAQ:QRTEB - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported ($0.06) earnings per share (EPS) for the quarter. The business had revenue of $2.34 billion for the quarter. Qurate Retail had a positive return on equity of 23.22% and a negative net margin of 2.71%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Qurate Retail stock. Rhumbline Advisers increased its position in Qurate Retail, Inc. (NASDAQ:QRTEB - Free Report) by 745.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,363 shares of the company's stock after purchasing an additional 9,137 shares during the quarter. Rhumbline Advisers' holdings in Qurate Retail were worth $30,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 2.25% of the company's stock.
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.
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