StockNews.com Begins Coverage on Qurate Retail (NASDAQ:QRTEA)

Equities research analysts at StockNews.com assumed coverage on shares of Qurate Retail (NASDAQ:QRTEA) in a research report issued on Wednesday. The firm set a “hold” rating on the stock.

Qurate Retail Price Performance

Shares of NASDAQ QRTEA opened at $0.36 on Wednesday. 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 capitalization of $142.90 million, a PE ratio of -0.51 and a beta of 2.69. Qurate Retail has a 1-year low of $0.31 and a 1-year high of $1.80. The business’s fifty day moving average price is $0.36 and its two-hundred day moving average price is $0.47.

Institutional Investors Weigh In On Qurate Retail

Large investors have recently made changes to their positions in the company. Parkwoods Wealth Partners LLC increased its position in Qurate Retail by 70.7% in the 4th quarter. Parkwoods Wealth Partners LLC now owns 90,480 shares of the company’s stock valued at $30,000 after acquiring an additional 37,488 shares during the period. Prudential Financial Inc. bought a new position in shares of Qurate Retail in the fourth quarter worth $34,000. Two Sigma Securities LLC increased its holdings in shares of Qurate Retail by 40.7% during the fourth quarter. Two Sigma Securities LLC now owns 166,473 shares of the company’s stock valued at $55,000 after purchasing an additional 48,134 shares during the period. Virtu Financial LLC raised its stake in shares of Qurate Retail by 76.6% during the third quarter. Virtu Financial LLC now owns 91,779 shares of the company’s stock valued at $56,000 after purchasing an additional 39,807 shares in the last quarter. Finally, Barclays PLC bought a new position in Qurate Retail in the 4th quarter valued at about $63,000. Institutional investors and hedge funds own 64.10% of the company’s stock.

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.