Qurate Retail (NASDAQ:QRTEB) Shares Gap Down - Should You Sell?

Shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $2.33, but opened at $2.22. Qurate Retail shares last traded at $2.30, with a volume of 101 shares changing hands.

Qurate Retail Price Performance

The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.73. The stock has a fifty day simple moving average of $2.60 and a 200-day simple moving average of $3.28. The company has a market capitalization of $873.29 million, a price-to-earnings ratio of -3.10 and a beta of 1.30.

Institutional Investors Weigh In On Qurate Retail

An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC purchased a new position in Qurate Retail, Inc. (NASDAQ:QRTEB - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 hedge funds and other institutional investors.

About Qurate Retail

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.