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Qurate Retail (NASDAQ:QRTEB) Sets New 1-Year Low - Here's What Happened

Qurate Retail logo with Retail/Wholesale background

Shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as $2.64 and last traded at $2.64, with a volume of 1047 shares changing hands. The stock had previously closed at $2.69.

Qurate Retail Price Performance

The firm has a market cap of $1.10 billion, a price-to-earnings ratio of -3.89 and a beta of 1.30. 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 stock's fifty day moving average price is $3.31 and its 200-day moving average price is $3.71.

Hedge Funds Weigh In On Qurate Retail

An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC bought a new position in shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 10,447 shares of the company's stock, valued at approximately $45,000. Institutional investors and hedge funds 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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