Qurate Retail (NASDAQ:QRTEA) Stock Rating Upgraded by StockNews.com

Qurate Retail (NASDAQ:QRTEAGet Free Report) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a research report issued on Sunday.

Qurate Retail Price Performance

Shares of NASDAQ:QRTEA opened at $0.62 on Friday. The company’s fifty day moving average price is $0.79 and its 200 day moving average price is $0.94. Qurate Retail has a 12 month low of $0.40 and a 12 month high of $1.80. The company has a debt-to-equity ratio of 12.97, a current ratio of 1.33 and a quick ratio of 0.89. The firm has a market capitalization of $240.93 million, a P/E ratio of -1.46 and a beta of 2.68.

Qurate Retail (NASDAQ:QRTEAGet Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.04 earnings per share (EPS) for the quarter. Qurate Retail had a negative net margin of 1.56% and a positive return on equity of 23.19%. The company had revenue of $2.34 billion for the quarter.

Institutional Trading of Qurate Retail

Institutional investors have recently added to or reduced their stakes in the stock. Everpar Advisors LLC purchased a new stake in Qurate Retail during the fourth quarter worth about $27,000. Vanguard Personalized Indexing Management LLC acquired a new position in Qurate Retail during the fourth quarter worth about $29,000. Mackenzie Financial Corp acquired a new position in Qurate Retail during the fourth quarter worth about $31,000. Walleye Trading LLC acquired a new position in Qurate Retail during the first quarter worth about $31,000. Finally, Jump Financial LLC acquired a new position in Qurate Retail during the fourth quarter worth about $33,000. Hedge funds and other institutional investors own 64.10% of the company’s stock.

Qurate Retail Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Qurate Retail Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qurate Retail and related companies with MarketBeat.com's FREE daily email newsletter.