Shares of Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $4.20, but opened at $4.40. Qurate Retail shares last traded at $4.40, with a volume of 541 shares traded.
Qurate Retail Stock Down 0.7 %
The stock has a market capitalization of $1.63 billion, a PE ratio of -11.84 and a beta of 1.32. The firm has a 50 day moving average of $5.23 and a two-hundred day moving average of $6.44. 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 released its quarterly earnings data on Wednesday, February 28th. The company reported $0.22 earnings per share for the quarter. Qurate Retail had a positive return on equity of 14.46% and a negative net margin of 1.33%. The firm had revenue of $3.14 billion during the quarter.
Hedge Funds Weigh In On Qurate Retail
Hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC boosted its holdings 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 purchasing an additional 3,890 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Qurate Retail during the second quarter worth $158,000. Finally, Tower Research Capital LLC TRC acquired a new stake in shares of Qurate Retail during the third quarter worth $39,000. Hedge funds and other institutional investors own 2.25% of the company's stock.
Qurate Retail Company Profile
(
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.
Read More
Before you consider Qurate Retail, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Qurate Retail wasn't on the list.
While Qurate Retail currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
