QVC Group (NASDAQ:QVCGA) Lowered to “Sell” Rating by Wall Street Zen

QVC Group (NASDAQ:QVCGA) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Sunday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of QVC Group in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, QVC Group currently has a consensus rating of “Sell”.

QVC Group Stock Performance

Shares of QVCGA opened at $0.37 on Friday. QVC Group has a 52-week low of $0.34 and a 52-week high of $15.98. The firm has a market cap of $3.02 million, a price-to-earnings ratio of 0.00 and a beta of 2.85. The business’s fifty day moving average is $2.51 and its 200-day moving average is $7.47.

Institutional Trading of QVC Group

Several institutional investors have recently added to or reduced their stakes in QVCGA. Russell Investments Group Ltd. acquired a new stake in QVC Group during the 4th quarter valued at approximately $43,000. Wilmington Savings Fund Society FSB bought a new stake in shares of QVC Group in the 3rd quarter valued at $116,000. Bridgeway Capital Management LLC bought a new stake in shares of QVC Group in the 2nd quarter valued at $30,000. XTX Topco Ltd acquired a new stake in shares of QVC Group during the second quarter worth $32,000. Finally, Voleon Capital Management LP acquired a new stake in shares of QVC Group during the third quarter worth $167,000. 64.10% of the stock is currently owned by institutional investors.

About QVC Group

QVC Group (NASDAQ:QVCGA) is a global omnichannel retailer specializing in video- and live-based shopping experiences across television, digital and mobile platforms. Founded in 1986 and headquartered in West Chester, Pennsylvania, the company offers an extensive range of products including fashion and accessories, beauty and personal care, home and garden goods, electronics and jewelry. QVC Group blends curated programming with on-demand ecommerce to engage customers through interactive demonstrations and storytelling.

The company operates through multiple segments, notably QVC U.S.