Qurate Retail (NASDAQ:QRTEA) Stock Price Crosses Above 200 Day Moving Average of $0.85

Qurate Retail, Inc. (NASDAQ:QRTEAGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.85 and traded as high as $1.16. Qurate Retail shares last traded at $1.10, with a volume of 2,272,475 shares traded.

Qurate Retail Price Performance

The firm has a 50 day moving average price of $1.12 and a 200 day moving average price of $0.85. The company has a quick ratio of 1.01, a current ratio of 1.41 and a debt-to-equity ratio of 9.61. The stock has a market cap of $430.93 million, a P/E ratio of -2.97 and a beta of 2.70.

Qurate Retail (NASDAQ:QRTEAGet Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.13 by $0.09. The firm had revenue of $3.14 billion for the quarter. Qurate Retail had a positive return on equity of 14.46% and a negative net margin of 1.33%.

Institutional Trading of Qurate Retail

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. FMR LLC boosted its holdings in shares of Qurate Retail by 394.7% in the 3rd quarter. FMR LLC now owns 41,646 shares of the company’s stock worth $25,000 after purchasing an additional 33,228 shares during the period. Nomura Asset Management Co. Ltd. raised its position in shares of Qurate Retail by 114.9% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 26,000 shares of the company’s stock worth $26,000 after acquiring an additional 13,900 shares in the last quarter. Private Advisor Group LLC acquired a new position in Qurate Retail during the 1st quarter valued at about $26,000. Everpar Advisors LLC acquired a new position in Qurate Retail during the 4th quarter valued at about $27,000. Finally, Apollon Wealth Management LLC grew its stake in Qurate Retail by 41.7% during the 4th quarter. Apollon Wealth Management LLC now owns 16,986 shares of the company’s stock valued at $28,000 after purchasing an additional 5,000 shares during the last quarter. Institutional investors own 64.10% of the company’s stock.

About Qurate Retail

(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.

Recommended Stories

Receive News & Ratings for Qurate Retail Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qurate Retail and related companies with MarketBeat.com's FREE daily email newsletter.