Qurate Retail (NASDAQ:QRTEB) Shares Gap Down to $5.57

Shares of Qurate Retail, Inc. (NASDAQ:QRTEB – Get Rating) gapped down before the market opened on Friday . The stock had previously closed at $5.57, but opened at $5.29. Qurate Retail shares last traded at $5.68, with a volume of 1,306 shares.

Qurate Retail Stock Performance

The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 10.52. The business’s 50 day moving average is $5.37 and its 200 day moving average is $6.72. The stock has a market capitalization of $1.95 billion, a PE ratio of -0.75 and a beta of 1.50.

Qurate Retail (NASDAQ:QRTEB – Get Rating) last released its quarterly earnings results on Wednesday, March 1st. The company reported ($0.05) EPS for the quarter. Qurate Retail had a positive return on equity of 3.28% and a negative net margin of 21.43%. The firm had revenue of $3.53 billion for the quarter.

Institutional Investors Weigh In On Qurate Retail

A hedge fund recently raised its stake in Qurate Retail stock. Geode Capital Management LLC boosted its stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEB – Get Rating) by 4.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,945 shares of the company’s stock after buying an additional 3,890 shares during the quarter. Geode Capital Management LLC’s holdings in Qurate Retail were worth $450,000 as of its most recent SEC filing. 0.03% of the stock is owned by institutional investors and hedge funds.

About Qurate Retail

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Qurate Retail, Inc engages in the business of video and online commerce industries. It operates through the following segments: QxH, QVC International and CBI. The QxH segment markets and sells a wide variety of consumer products in the U.S., primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications.