Qurate Retail (NASDAQ:QRTEB) Sees Large Volume Increase – Should You Buy?

Shares of Qurate Retail, Inc. (NASDAQ:QRTEB) saw unusually-strong trading volume on Thursday . Approximately 4,399 shares were traded during trading, an increase of 92% from the previous session’s volume of 2,292 shares.The stock last traded at $2.18 and had previously closed at $2.33.

Qurate Retail Stock Performance

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 stock has a market cap of $873.29 million, a price-to-earnings ratio of -3.10 and a beta of 1.30. The company’s fifty day simple moving average is $2.60 and its two-hundred day simple moving average is $3.29.

Institutional Investors Weigh In On Qurate Retail

A hedge fund recently bought a new stake in Qurate Retail stock. SG Americas Securities LLC acquired a new stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,447 shares of the company’s stock, valued at approximately $45,000. 2.25% of the stock is owned by institutional investors.

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.