StockNews.com Begins Coverage on QVC Group Inc Series A (NASDAQ:QVCGA)

Research analysts at StockNews.com began coverage on shares of QVC Group Inc Series A (NASDAQ:QVCGA - Get Free Report) in a research report issued to clients and investors on Tuesday. The brokerage set a "hold" rating on the stock.

QVC Group Inc Series A Stock Up 5.1 %

Shares of QVCGA stock traded up $0.01 on Tuesday, hitting $0.16. The stock had a trading volume of 2,161,121 shares, compared to its average volume of 3,286,437. The company has a debt-to-equity ratio of 8.74, a quick ratio of 0.73 and a current ratio of 1.22. QVC Group Inc Series A has a 52-week low of $0.13 and a 52-week high of $1.06. The stock's 50 day moving average is $0.34 and its 200-day moving average is $0.45. The firm has a market capitalization of $64.73 million, a price-to-earnings ratio of -0.23 and a beta of 3.11.

Hedge Funds Weigh In On QVC Group Inc Series A

Several large investors have recently added to or reduced their stakes in QVCGA. Hestia Capital Management LLC acquired a new stake in shares of QVC Group Inc Series A during the fourth quarter worth $713,000. Geode Capital Management LLC raised its stake in QVC Group Inc Series A by 4.6% during the third quarter. Geode Capital Management LLC now owns 3,824,936 shares of the company's stock worth $2,334,000 after acquiring an additional 168,109 shares during the period. Prudential Financial Inc. acquired a new stake in QVC Group Inc Series A during the fourth quarter worth about $34,000. MassMutual Private Wealth & Trust FSB acquired a new position in QVC Group Inc Series A in the fourth quarter valued at approximately $156,000. Finally, Virtu Financial LLC grew its holdings in shares of QVC Group Inc Series A by 76.6% during the third quarter. Virtu Financial LLC now owns 91,779 shares of the company's stock valued at $56,000 after purchasing an additional 39,807 shares during the last quarter. 64.10% of the stock is currently owned by institutional investors.

About QVC Group Inc Series A

QVC Group, Inc engages in the business of video and online commerce industries. It operates through the following segments: QxH, QVC International and CBI. The QxH segment markets and sells a wide variety of consumer products in the U.S., primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications.