QVC Group (NASDAQ:QVCGA) Upgraded to Hold at Wall Street Zen

QVC Group (NASDAQ:QVCGA) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of QVC Group in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

QVC Group Price Performance

NASDAQ:QVCGA opened at $7.07 on Friday. The business has a fifty day moving average price of $12.20 and a 200-day moving average price of $7.16. The firm has a market capitalization of $57.04 million, a price-to-earnings ratio of -0.02 and a beta of 3.04. QVC Group has a one year low of $2.27 and a one year high of $31.25.

QVC Group (NASDAQ:QVCGA) last released its earnings results on Wednesday, November 5th. The company reported ($9.89) earnings per share (EPS) for the quarter. The company had revenue of $2.21 billion during the quarter.

Institutional Trading of QVC Group

Several hedge funds have recently made changes to their positions in QVCGA. Bridgeway Capital Management LLC purchased a new stake in QVC Group in the second quarter valued at approximately $30,000. XTX Topco Ltd purchased a new position in shares of QVC Group in the 2nd quarter valued at $32,000. Simplify Asset Management Inc. purchased a new position in shares of QVC Group during the second quarter worth about $33,000. Qube Research & Technologies Ltd acquired a new position in QVC Group in the second quarter valued at $37,000. Finally, Invesco Ltd. purchased a new stake in QVC Group during the 2nd quarter valued at approximately $47,000. Hedge funds and other institutional investors own 64.10% of the company’s stock.

QVC Group Company Profile

QVC Group, 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.