Qurate Retail (NASDAQ:QRTEB) Shares Gap Down – Here’s What Happened

Qurate Retail, Inc. (NASDAQ:QRTEB) gapped down before the market opened on Monday . The stock had previously closed at $3.49, but opened at $3.20. Qurate Retail shares last traded at $3.20, with a volume of 316 shares traded.

Qurate Retail Stock Performance

The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of -5.37 and a beta of 1.31. The stock’s 50 day moving average price is $3.81 and its two-hundred day moving average price is $3.91. The company has a current ratio of 1.34, a quick ratio of 0.90 and a debt-to-equity ratio of 10.65.

Qurate Retail (NASDAQ:QRTEB) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $2.41 billion during the quarter. Qurate Retail had a positive return on equity of 33.57% and a negative net margin of 2.44%.

Institutional Trading of Qurate Retail

An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC acquired a new position in shares of Qurate Retail, Inc. (NASDAQ:QRTEB) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 10,447 shares of the company’s stock, valued at approximately $45,000. Institutional investors own 2.25% of the company’s stock.

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.