Shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) traded up 7.3% on Tuesday . The stock traded as high as $2.19 and last traded at $2.21. 188 shares were traded during mid-day trading, a decline of 95% from the average session volume of 3,486 shares. The stock had previously closed at $2.06.
Qurate Retail Stock 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 firm has a market cap of $889.17 million, a PE ratio of -3.15 and a beta of 1.30. The company has a 50 day simple moving average of $2.77 and a 200-day simple moving average of $3.38.
Qurate Retail (NASDAQ:QRTEB - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported ($0.06) EPS for the quarter. The firm had revenue of $2.34 billion for the quarter. Qurate Retail had a negative net margin of 2.71% and a positive return on equity of 23.22%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Qurate Retail stock. Rhumbline Advisers grew its stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Free Report) by 745.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 10,363 shares of the company's stock after acquiring an additional 9,137 shares during the period. Rhumbline Advisers' holdings in Qurate Retail were worth $30,000 at the end of the most recent reporting period. 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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