Qurate Retail, Inc. (NASDAQ:QRTEB - Get Free Report)'s stock price rose 7.4% on Thursday . The company traded as high as $4.35 and last traded at $4.35. Approximately 3,560 shares changed hands during trading, a decline of 51% from the average daily volume of 7,192 shares. The stock had previously closed at $4.05.
Qurate Retail Stock Down 1.0 %
The company has a current ratio of 1.41, a quick ratio of 1.01 and a debt-to-equity ratio of 9.61. The stock has a 50-day moving average of $5.08 and a 200-day moving average of $6.34. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of -10.84 and a beta of 1.32.
Qurate Retail (NASDAQ:QRTEB - Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported $0.22 earnings per share (EPS) for the quarter. Qurate Retail had a negative net margin of 1.33% and a positive return on equity of 14.46%. The firm had revenue of $3.14 billion during the quarter.
Institutional Trading of Qurate Retail
A number of institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC lifted its holdings in shares of Qurate Retail by 4.6% in the fourth quarter. Geode Capital Management LLC now owns 88,945 shares of the company's stock valued at $450,000 after buying an additional 3,890 shares during the period. BlackRock Inc. acquired a new stake in Qurate Retail in the 2nd quarter valued at about $158,000. Finally, Tower Research Capital LLC TRC acquired a new stake in Qurate Retail in the 3rd quarter valued at about $39,000. 2.25% of the stock is owned by institutional investors and hedge funds.
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.
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