Qurate Retail, Inc. (NASDAQ:QRTEA - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.87 and traded as high as $1.03. Qurate Retail shares last traded at $1.00, with a volume of 2,257,825 shares traded.
Qurate Retail Trading Up 1.0 %
The stock has a market cap of $395.67 million, a price-to-earnings ratio of -2.73 and a beta of 2.70. The business's fifty day simple moving average is $1.14 and its 200 day simple moving average is $0.87. The company has a debt-to-equity ratio of 9.61, a current ratio of 1.41 and a quick ratio of 1.01.
Qurate Retail (NASDAQ:QRTEA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.09. Qurate Retail had a negative net margin of 1.33% and a positive return on equity of 14.46%. The company had revenue of $3.14 billion during the quarter.
Institutional Investors Weigh In On Qurate Retail
Hedge funds and other institutional investors have recently modified their holdings of the stock. FMR LLC raised its position in Qurate Retail by 394.7% in the third quarter. FMR LLC now owns 41,646 shares of the company's stock worth $25,000 after acquiring an additional 33,228 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its position in Qurate Retail by 114.9% in the first quarter. Nomura Asset Management Co. Ltd. now owns 26,000 shares of the company's stock worth $26,000 after acquiring an additional 13,900 shares in the last quarter. Private Advisor Group LLC bought a new stake in Qurate Retail in the first quarter worth about $26,000. Everpar Advisors LLC bought a new stake in Qurate Retail in the fourth quarter worth about $27,000. Finally, Apollon Wealth Management LLC raised its position in Qurate Retail by 41.7% in the fourth quarter. Apollon Wealth Management LLC now owns 16,986 shares of the company's stock worth $28,000 after acquiring an additional 5,000 shares in the last quarter. 64.10% of the stock is currently owned by institutional investors.
About Qurate Retail
(
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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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