Qurate Retail (NASDAQ:QRTEB) Stock Price Down 2.1%

Qurate Retail, Inc. (NASDAQ:QRTEB) shares fell 2.1% during trading on Thursday . The company traded as low as $4.16 and last traded at $4.16. 771 shares were traded during mid-day trading, a decline of 90% from the average session volume of 7,939 shares. The stock had previously closed at $4.25.

Qurate Retail Stock Up 6.6 %

The company has a market capitalization of $1.77 billion, a P/E ratio of -11.65 and a beta of 1.34. The company has a current ratio of 1.41, a quick ratio of 1.01 and a debt-to-equity ratio of 9.61. The stock has a 50 day moving average price of $5.46 and a 200 day moving average price of $6.51.

Qurate Retail (NASDAQ:QRTEB) last posted its quarterly earnings data on Wednesday, February 28th. The company reported $0.22 earnings per share for the quarter. The business had revenue of $3.14 billion during 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

A number of institutional investors and hedge funds have recently bought and sold shares of QRTEB. Geode Capital Management LLC grew its holdings in Qurate Retail by 4.6% during the 4th quarter. Geode Capital Management LLC now owns 88,945 shares of the company’s stock worth $450,000 after acquiring an additional 3,890 shares during the period. Tower Research Capital LLC TRC bought a new position in Qurate Retail in the 3rd quarter valued at about $39,000. Finally, BlackRock Inc. bought a new position in Qurate Retail in the 2nd quarter valued at about $158,000. 2.25% of the stock is currently owned by institutional investors and hedge funds.

Qurate Retail Company Profile

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.