Shares of QVC Group Inc. (NASDAQ:QVCGA - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.84 and traded as high as $15.12. QVC Group shares last traded at $14.31, with a volume of 682,599 shares.
QVC Group Price Performance
The firm has a market cap of $106.52 million, a price-to-earnings ratio of -0.03 and a beta of 2.94. The business has a 50-day moving average of $6.36 and a 200-day moving average of $7.67.
QVC Group (NASDAQ:QVCGA - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $21.39 earnings per share for the quarter. QVC Group had a negative return on equity of 1,390.16% and a negative net margin of 37.71%.The firm had revenue of $2.24 billion during the quarter.
Institutional Trading of QVC Group
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC raised its stake in QVC Group by 105.1% during the fourth quarter. Jane Street Group LLC now owns 901,734 shares of the company's stock worth $298,000 after purchasing an additional 462,144 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of QVC Group during the first quarter worth approximately $48,000. Dakota Wealth Management bought a new stake in QVC Group in the second quarter valued at $468,000. Permit Capital LLC purchased a new position in QVC Group in the 2nd quarter worth about $412,000. Finally, Wittenberg Investment Management Inc. acquired a new stake in QVC Group in the 2nd quarter worth approximately $237,000. Institutional investors and hedge funds own 64.10% of the company's stock.
About QVC Group
(
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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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