Qurate Retail, Inc. (NASDAQ:QRTEB – Get Rating) shares rose 8.9% during mid-day trading on Friday . The company traded as high as $4.79 and last traded at $4.79. Approximately 992 shares changed hands during trading, a decline of 92% from the average daily volume of 12,279 shares. The stock had previously closed at $4.40.
Qurate Retail Trading Up 0.9 %
The stock has a market cap of $1.70 billion, a P/E ratio of -0.70 and a beta of 1.50. The company has a debt-to-equity ratio of 10.52, a quick ratio of 0.95 and a current ratio of 1.38. The stock has a 50-day moving average price of $5.35 and a 200-day moving average price of $6.43.
Get Qurate Retail alerts:Qurate Retail (NASDAQ:QRTEB – Get Rating) last issued its quarterly earnings results on Wednesday, March 1st. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $3.53 billion for the quarter. Qurate Retail had a negative net margin of 21.43% and a positive return on equity of 3.28%.
Insider Buying and Selling
In other Qurate Retail news, CEO David Rawlinson sold 89,300 shares of Qurate Retail stock in a transaction that occurred on Friday, March 17th. The stock was sold at an average price of $0.92, for a total value of $82,156.00. Following the transaction, the chief executive officer now directly owns 372,004 shares of the company's stock, valued at approximately $342,243.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 117,500 shares of company stock worth $108,100 in the last quarter. 11.54% of the stock is owned by insiders.
Hedge Funds Weigh In On Qurate Retail
A hedge fund recently bought a new stake in Qurate Retail stock. Tower Research Capital LLC TRC purchased a new position in Qurate Retail, Inc. (NASDAQ:QRTEB – Get Rating) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,776 shares of the company's stock, valued at approximately $39,000. Institutional investors own 0.03% of the company's stock.
About Qurate Retail
(Get Rating)
Qurate Retail, 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.
See Also
- Get a free copy of the StockNews.com research report on Qurate Retail (QRTEB)
- Dividend King Genuine Parts Company Upgraded On Profit Guidance
- The Bottom Is In For Accenture
- 11 Best Consumer Discretionary Stocks of 2023
- 5 Best Dividend Capture Stocks
- 10 Best Consumer Discretionary ETFs
Receive News & Ratings for Qurate Retail Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qurate Retail and related companies with MarketBeat.com's FREE daily email newsletter.