QVC Group Inc Series A (NASDAQ:QVCGA) Sets New 52-Week Low - Time to Sell?

Shares of QVC Group Inc Series A (NASDAQ:QVCGA - Get Free Report) reached a new 52-week low on Friday . The stock traded as low as $4.56 and last traded at $4.75, with a volume of 6799 shares traded. The stock had previously closed at $4.98.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of QVC Group Inc Series A to a "sell" rating in a research note on Saturday.

QVC Group Inc Series A Stock Down 7.1%

The company has a market cap of $34.70 million, a PE ratio of -6.06 and a beta of 3.15. The company has a quick ratio of 0.73, a current ratio of 1.22 and a debt-to-equity ratio of 8.74. The stock has a 50-day moving average of $10.12 and a 200-day moving average of $17.86.

QVC Group Inc Series A (NASDAQ:QVCGA - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The company reported ($5.50) EPS for the quarter. The company had revenue of $2.11 billion during the quarter. QVC Group Inc Series A had a positive return on equity of 23.22% and a negative net margin of 2.71%.

Institutional Investors Weigh In On QVC Group Inc Series A

Hedge funds have recently added to or reduced their stakes in the stock. Parkwoods Wealth Partners LLC boosted its holdings in QVC Group Inc Series A by 70.7% in the 4th quarter. Parkwoods Wealth Partners LLC now owns 90,480 shares of the company's stock worth $30,000 after buying an additional 37,488 shares during the period. Prudential Financial Inc. bought a new stake in shares of QVC Group Inc Series A during the fourth quarter valued at approximately $34,000. Two Sigma Securities LLC raised its holdings in shares of QVC Group Inc Series A by 40.7% in the fourth quarter. Two Sigma Securities LLC now owns 166,473 shares of the company's stock valued at $55,000 after acquiring an additional 48,134 shares in the last quarter. Barclays PLC bought a new stake in QVC Group Inc Series A during the fourth quarter valued at about $63,000. Finally, Kovitz Investment Group Partners LLC grew its holdings in QVC Group Inc Series A by 35.7% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 224,310 shares of the company's stock worth $74,000 after purchasing an additional 58,986 shares during the last quarter. 64.10% of the stock is 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.