Qurate Retail (NASDAQ:QRTEB) Reaches New 1-Year Low – Should You Sell?

Shares of Qurate Retail, Inc. (NASDAQ:QRTEB) hit a new 52-week low on Tuesday . The stock traded as low as $2.30 and last traded at $2.30, with a volume of 583 shares traded. The stock had previously closed at $2.44.

Qurate Retail Stock Down 5.7 %

The company has a quick ratio of 0.73, a current ratio of 1.22 and a debt-to-equity ratio of 8.74. The firm has a 50 day moving average of $3.05 and a two-hundred day moving average of $3.57. The firm has a market capitalization of $912.99 million, a price-to-earnings ratio of -3.24 and a beta of 1.32.

Institutional Trading of Qurate Retail

An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC acquired a new stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 10,447 shares of the company’s stock, valued at approximately $45,000. 2.25% of the stock is currently owned by institutional investors.

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.