Shares of QVC Group Inc Series A (NASDAQ:QVCGA - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $4.56 and last traded at $4.75, with a volume of 6799 shares trading hands. The stock had previously closed at $4.98.
Wall Street Analyst Weigh In
Separately, Wall Street Zen initiated coverage on QVC Group Inc Series A in a research report on Tuesday, April 8th. They set a "hold" rating on the stock.
Read Our Latest Stock Report on QVCGA
QVC Group Inc Series A Trading Down 4.5%
The business has a fifty day moving average price of $0.22 and a 200 day moving average price of $0.37. 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 company has a market capitalization of $1.92 billion, a P/E ratio of -6.69 and a beta of 3.15.
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 firm had revenue of $2.11 billion during the quarter. QVC Group Inc Series A had a negative net margin of 2.71% and a positive return on equity of 23.22%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. Parkwoods Wealth Partners LLC lifted its stake 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 valued at $30,000 after purchasing an additional 37,488 shares during the last quarter. Prudential Financial Inc. acquired a new stake in shares of QVC Group Inc Series A during the 4th quarter valued at $34,000. Two Sigma Securities LLC grew its position in QVC Group Inc Series A by 40.7% during the 4th quarter. Two Sigma Securities LLC now owns 166,473 shares of the company's stock worth $55,000 after acquiring an additional 48,134 shares during the last quarter. Barclays PLC bought a new stake in QVC Group Inc Series A during the 4th quarter worth $63,000. Finally, Kovitz Investment Group Partners LLC increased its holdings in QVC Group Inc Series A by 35.7% in the 4th 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 in the last quarter. Institutional investors and hedge funds own 64.10% of the company's stock.
QVC Group Inc Series A Company Profile
(
Get Free Report)
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.
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