Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $4.53, but opened at $4.34. Qurate Retail shares last traded at $4.34, with a volume of 509 shares changing hands.
Qurate Retail Stock Performance
The stock has a market capitalization of $1.63 billion, a PE ratio of -11.24 and a beta of 1.34. The firm's fifty day moving average is $5.35 and its 200-day moving average is $6.48. The company has a current ratio of 1.41, a quick ratio of 1.01 and a debt-to-equity ratio of 9.61.
Qurate Retail (NASDAQ:QRTEB - Get Free Report) last issued its quarterly earnings data on Wednesday, February 28th. The company reported $0.22 earnings per share (EPS) for the quarter. The firm had revenue of $3.14 billion for the quarter. Qurate Retail had a negative net margin of 1.33% and a positive return on equity of 14.46%.
Institutional Trading of Qurate Retail
A number of institutional investors and hedge funds have recently bought and sold shares of QRTEB. Tower Research Capital LLC TRC acquired a new position in shares of Qurate Retail during the third quarter worth about $39,000. Geode Capital Management LLC grew its position in shares of Qurate Retail by 4.6% during the fourth quarter. Geode Capital Management LLC now owns 88,945 shares of the company's stock worth $450,000 after buying an additional 3,890 shares in the last quarter. Finally, BlackRock Inc. acquired a new position in shares of Qurate Retail during the second quarter worth about $158,000. 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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