Wall Street Zen upgraded shares of QVC Group Inc Series A (NASDAQ:QVCGA - Free Report) to a sell rating in a report published on Saturday morning.
QVC Group Inc Series A Stock Up 7.0%
QVCGA stock traded up $0.32 during midday trading on Friday, reaching $4.86. 60,910 shares of the company's stock traded hands, compared to its average volume of 81,391. 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 firm's fifty day moving average price is $9.85 and its 200-day moving average price is $17.68. The company has a market cap of $39.22 million, a price-to-earnings ratio of -6.85 and a beta of 3.15. QVC Group Inc Series A has a 52 week low of $3.77 and a 52 week high of $39.74.
QVC Group Inc Series A (NASDAQ:QVCGA - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported ($5.50) earnings per share (EPS) for the quarter. QVC Group Inc Series A had a positive return on equity of 23.22% and a negative net margin of 2.71%. The firm had revenue of $2.11 billion during the quarter.
Institutional Investors Weigh In On QVC Group Inc Series A
Hedge funds have recently added to or reduced their stakes in the company. Parkwoods Wealth Partners LLC lifted its holdings in shares of 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 acquiring an additional 37,488 shares during the last quarter. Prudential Financial Inc. bought a new stake in QVC Group Inc Series A during the 4th quarter valued at $34,000. Two Sigma Securities LLC raised its holdings 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 valued at $55,000 after buying an additional 48,134 shares during the last quarter. Barclays PLC bought a new position in shares of QVC Group Inc Series A during the fourth quarter valued at about $63,000. Finally, Kovitz Investment Group Partners LLC raised its stake in shares of QVC Group Inc Series A by 35.7% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 224,310 shares of the company's stock valued at $74,000 after acquiring an additional 58,986 shares during the last quarter. Institutional investors own 64.10% of the company's stock.
QVC Group Inc Series A Company Profile
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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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