Qurate Retail (NASDAQ:QRTEB) Stock Price Down 6.4% – Time to Sell?

Qurate Retail, Inc. (NASDAQ:QRTEB) traded down 6.4% on Friday . The company traded as low as $3.07 and last traded at $3.07. 1,778 shares were traded during trading, a decline of 65% from the average session volume of 5,118 shares. The stock had previously closed at $3.28.

Qurate Retail Trading Down 6.4 %

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 $1.22 billion, a price-to-earnings ratio of -4.62 and a beta of 1.30. The firm’s fifty day moving average is $3.43 and its 200-day moving average is $3.75.

Hedge Funds Weigh In On Qurate Retail

A hedge fund recently bought a new stake in Qurate Retail stock. SG Americas Securities LLC bought a new stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEB) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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.