Qurate Retail (NASDAQ:QRTEP) Trading 2.1% Higher

Shares of Qurate Retail, Inc. (NASDAQ:QRTEP) traded up 2.1% during trading on Monday . The stock traded as high as $47.28 and last traded at $46.52. 33,499 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 48,762 shares. The stock had previously closed at $45.58.

Qurate Retail Price Performance

The firm’s 50-day simple moving average is $47.56 and its 200 day simple moving average is $38.90.

Qurate Retail Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were given a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 17.20%. The ex-dividend date was Wednesday, February 28th.

Institutional Trading of Qurate Retail

An institutional investor recently bought a new position in Qurate Retail stock. Shikiar Asset Management Inc. acquired a new stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEP) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,000 shares of the company’s stock, valued at approximately $298,000.

Qurate Retail Company Profile

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.