Qurate Retail (NASDAQ:QRTEB) Stock Price Down 5.3% – What’s Next?

Posted by Lauren Steadman on Jan 31st, 2025

Qurate Retail, Inc. (NASDAQ:QRTEB – Get Free Report)’s share price dropped 5.3% during trading on Friday . The stock traded as low as $2.30 and last traded at $2.24. Approximately 811 shares changed hands during trading, a decline of 77% from the average daily volume of 3,562 shares. The stock had previously closed at $2.36.

Qurate Retail Stock Down 3.4 %

The stock’s fifty day moving average price is $2.82 and its 200 day moving average price is $3.43. The company has a current ratio of 1.22, a quick ratio of 0.73 and a debt-to-equity ratio of 8.74. The stock has a market cap of $904.65 million, a P/E ratio of -3.21 and a beta of 1.32.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Qurate Retail stock. Rhumbline Advisers grew its holdings in Qurate Retail, Inc. (NASDAQ:QRTEB – Free Report) by 745.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 10,363 shares of the company’s stock after buying an additional 9,137 shares during the quarter. Rhumbline Advisers’ holdings in Qurate Retail were worth $30,000 at the end of the most recent quarter. Institutional investors and hedge funds own 2.25% of the company’s stock.

Qurate Retail Company Profile

(Get Free Report)

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.