QVC Group (NASDAQ:QVCGA) Cut to Sell at Wall Street Zen

Wall Street Zen cut shares of QVC Group (NASDAQ:QVCGA) from a hold rating to a sell rating in a research report released on Saturday morning.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of QVC Group in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

QVC Group Trading Down 0.6%

Shares of QVCGA opened at $3.13 on Friday. The firm has a market capitalization of $25.26 million, a P/E ratio of -0.01 and a beta of 2.79. The stock’s fifty day simple moving average is $7.51 and its 200 day simple moving average is $9.63. QVC Group has a twelve month low of $2.27 and a twelve month high of $15.98.

Institutional Trading of QVC Group

A number of institutional investors have recently added to or reduced their stakes in the business. Jump Financial LLC acquired a new stake in QVC Group in the 4th quarter valued at $138,000. Price T Rowe Associates Inc. MD acquired a new position in shares of QVC Group during the fourth quarter worth about $133,000. Russell Investments Group Ltd. acquired a new position in shares of QVC Group during the fourth quarter worth about $43,000. Brooklands Fund Management Ltd boosted its position in shares of QVC Group by 35.8% in the fourth quarter. Brooklands Fund Management Ltd now owns 35,457 shares of the company’s stock worth $381,000 after buying an additional 9,344 shares during the period. Finally, Wittenberg Investment Management Inc. boosted its position in shares of QVC Group by 41.0% in the fourth quarter. Wittenberg Investment Management Inc. now owns 114,193 shares of the company’s stock worth $1,194,000 after buying an additional 33,231 shares during the period. 64.10% of the stock is owned by hedge funds and other institutional investors.

QVC Group Company Profile

QVC Group (NASDAQ:QVCGA) is a global omnichannel retailer specializing in video- and live-based shopping experiences across television, digital and mobile platforms. Founded in 1986 and headquartered in West Chester, Pennsylvania, the company offers an extensive range of products including fashion and accessories, beauty and personal care, home and garden goods, electronics and jewelry. QVC Group blends curated programming with on-demand ecommerce to engage customers through interactive demonstrations and storytelling.

The company operates through multiple segments, notably QVC U.S.