Shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) were down 6.2% during mid-day trading on Tuesday . The stock traded as low as $2.88 and last traded at $2.88. Approximately 4,667 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 5,224 shares. The stock had previously closed at $3.07.
Qurate Retail Stock Performance
The stock has a fifty day moving average price of $3.19 and a 200 day moving average price of $3.65. 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 $1.15 billion, a price-to-earnings ratio of -4.07 and a beta of 1.30.
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 stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 10,447 shares of the company's stock, valued at approximately $45,000. 2.25% of the stock is currently owned by institutional investors.
Qurate Retail Company Profile
(
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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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