Qurate Retail (NASDAQ:QRTEB) Shares Gap Up – What’s Next?

Shares of Qurate Retail, Inc. (NASDAQ:QRTEB) gapped up before the market opened on Thursday . The stock had previously closed at $2.24, but opened at $2.36. Qurate Retail shares last traded at $2.15, with a volume of 2,171 shares.

Qurate Retail Trading Down 4.4 %

The firm has a fifty day moving average of $2.84 and a 200-day moving average of $3.44. The stock has a market capitalization of $895.12 million, a price-to-earnings ratio of -3.18 and a beta of 1.32. The company has a debt-to-equity ratio of 8.74, a quick ratio of 0.73 and a current ratio of 1.22.

Qurate Retail (NASDAQ:QRTEB) last released its earnings results on Thursday, November 7th. The company reported ($0.06) EPS for the quarter. Qurate Retail had a positive return on equity of 23.22% and a negative net margin of 2.71%. The firm had revenue of $2.34 billion for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC bought a new position in shares of Qurate Retail, Inc. (NASDAQ:QRTEB) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,447 shares of the company’s stock, valued at approximately $45,000. Institutional investors own 2.25% of the company’s stock.

About Qurate Retail

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.