Qurate Retail (NASDAQ:QRTEB) Shares Gap Up to $5.01

Shares of Qurate Retail, Inc. (NASDAQ:QRTEBGet Rating) gapped up before the market opened on Tuesday . The stock had previously closed at $5.01, but opened at $6.26. Qurate Retail shares last traded at $6.26, with a volume of 61 shares.

Qurate Retail Stock Up 45.9 %

The company has a market cap of $3.98 billion, a PE ratio of -1.44 and a beta of 1.31. The company has a quick ratio of 0.67, a current ratio of 1.31 and a debt-to-equity ratio of 15.24. The firm’s fifty day simple moving average is $7.20 and its 200-day simple moving average is $6.69.

Qurate Retail (NASDAQ:QRTEBGet Rating) last announced its quarterly earnings results on Friday, November 4th. The company reported ($0.08) earnings per share (EPS) for the quarter. Qurate Retail had a negative net margin of 21.82% and a positive return on equity of 9.86%. The business had revenue of $2.74 billion during the quarter.

Insider Buying and Selling at Qurate Retail

In other Qurate Retail news, CAO Brian J. Wendling sold 9,268 shares of the company’s stock in a transaction dated Monday, August 29th. The shares were sold at an average price of $3.20, for a total value of $29,657.60. Following the sale, the chief accounting officer now owns 75,316 shares of the company’s stock, valued at $241,011.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Hedge Funds Weigh In On Qurate Retail

An institutional investor recently bought a new position in Qurate Retail stock. Tower Research Capital LLC TRC purchased a new position in shares of Qurate Retail, Inc. (NASDAQ:QRTEBGet Rating) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,776 shares of the company’s stock, valued at approximately $39,000. Institutional investors own 0.01% of the company’s stock.

Qurate Retail Company Profile

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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.

Further Reading

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