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

Qurate Retail, Inc. (NASDAQ:QRTEB) was down 2.1% on Thursday . The stock traded as low as $4.16 and last traded at $4.16. Approximately 771 shares changed hands during trading, a decline of 90% from the average daily volume of 7,939 shares. The stock had previously closed at $4.25.

Qurate Retail Stock Up 6.6 %

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

Qurate Retail (NASDAQ:QRTEB) last announced its quarterly earnings results on Wednesday, February 28th. The company reported $0.22 EPS for the quarter. Qurate Retail had a positive return on equity of 14.46% and a negative net margin of 1.33%. The company had revenue of $3.14 billion during the quarter.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of QRTEB. BlackRock Inc. acquired a new stake in Qurate Retail during the 2nd quarter worth about $158,000. Tower Research Capital LLC TRC acquired a new stake in Qurate Retail during the 3rd quarter worth about $39,000. Finally, 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. 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.