Qurate Retail (NASDAQ:QRTEB) Sees Strong Trading Volume – What’s Next?

Shares of Qurate Retail, Inc. (NASDAQ:QRTEB) saw an uptick in trading volume on Monday . 5,446 shares were traded during mid-day trading, an increase of 31% from the previous session’s volume of 4,168 shares.The stock last traded at $2.37 and had previously closed at $2.06.

Qurate Retail Stock Up 5.3 %

The company has a debt-to-equity ratio of 8.74, a quick ratio of 0.73 and a current ratio of 1.22. The firm has a market capitalization of $914.97 million, a P/E ratio of -3.25 and a beta of 1.32. The stock has a fifty day moving average price of $2.89 and a two-hundred day moving average price of $3.47.

Qurate Retail (NASDAQ:QRTEB) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.06) earnings per share for the quarter. Qurate Retail had a negative net margin of 2.71% and a positive return on equity of 23.22%. The business had revenue of $2.34 billion for the quarter.

Institutional Inflows and Outflows

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) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,447 shares of the company’s stock, valued at approximately $45,000. 2.25% of the stock is owned by hedge funds and other 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.