Shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) fell 8.6% during trading on Tuesday . The stock traded as low as $2.48 and last traded at $2.28. 406 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 4,115 shares. The stock had previously closed at $2.49.
Qurate Retail Trading Down 7.3 %
The business's fifty day moving average price is $2.98 and its 200 day moving average price is $3.52. The firm has a market capitalization of $916.56 million, a PE ratio of -3.25 and a beta of 1.32. The company has a quick ratio of 0.73, a current ratio of 1.22 and a debt-to-equity ratio of 8.74.
Qurate Retail (NASDAQ:QRTEB - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.06) earnings per share for the quarter. Qurate Retail had a positive return on equity of 23.22% and a negative net margin of 2.71%. The company had revenue of $2.34 billion for the quarter.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC bought a new position in Qurate Retail, Inc. (NASDAQ:QRTEB - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 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
(
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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