Qurate Retail (NASDAQ:QRTEB) Hits New 1-Year Low - Time to Sell?

Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report)'s share price hit a new 52-week low during trading on Thursday . The company traded as low as $2.54 and last traded at $2.75, with a volume of 4302 shares. The stock had previously closed at $2.89.

Qurate Retail Trading Down 2.4 %

The company's fifty day simple moving average is $3.17 and its two-hundred day simple moving average is $3.64. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of -3.97 and a beta of 1.30. The company has a quick ratio of 0.73, a current ratio of 1.22 and a debt-to-equity ratio of 8.74.

Institutional Trading of Qurate Retail

An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC acquired a new position in Qurate Retail, Inc. (NASDAQ:QRTEB - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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

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.