Qurate Retail (NASDAQ:QRTEB) Hits New 1-Year Low – Here’s What Happened

Qurate Retail, Inc. (NASDAQ:QRTEB)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $2.06 and last traded at $2.06, with a volume of 4959 shares. The stock had previously closed at $2.10.

Qurate Retail Stock Up 1.4 %

The company has a 50-day simple moving average of $2.77 and a 200-day simple moving average of $3.38. The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.73. The firm has a market cap of $889.17 million, a PE ratio of -3.15 and a beta of 1.30.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Qurate Retail stock. SG Americas Securities LLC purchased a new stake in Qurate Retail, Inc. (NASDAQ:QRTEB) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 10,447 shares of the company’s stock, valued at approximately $45,000. 2.25% of the stock is currently owned by hedge funds and other institutional investors.

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.