Shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) were down 6.2% on Friday . The company traded as low as $2.59 and last traded at $2.59. Approximately 1,950 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 5,095 shares. The stock had previously closed at $2.76.
Qurate Retail Stock Performance
The company has a quick ratio of 0.73, a current ratio of 1.22 and a debt-to-equity ratio of 8.74. The stock has a market capitalization of $1.26 billion, a PE ratio of -4.48 and a beta of 1.30. The firm has a 50 day moving average price of $3.31 and a 200-day moving average price of $3.71.
Institutional Inflows and Outflows
An institutional investor recently bought a new position 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 Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 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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