QVC Group (NASDAQ:QVCGA) Upgraded at Wall Street Zen

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

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

QVC Group Trading Down 18.0%

Shares of NASDAQ:QVCGA opened at $0.53 on Friday. The company has a market capitalization of $4.25 million, a PE ratio of 0.00 and a beta of 2.85. QVC Group has a 12-month low of $0.46 and a 12-month high of $15.98. The business’s fifty day simple moving average is $2.77 and its 200-day simple moving average is $7.82.

Institutional Trading of QVC Group

Institutional investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. grew its stake in QVC Group by 39.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 995,190 shares of the company’s stock worth $10,410,000 after buying an additional 281,301 shares during the last quarter. Vanguard Group Inc. boosted its holdings in QVC Group by 7.5% in the third quarter. Vanguard Group Inc. now owns 614,929 shares of the company’s stock worth $8,295,000 after acquiring an additional 42,913 shares in the last quarter. Permit Capital LLC boosted its holdings in QVC Group by 7.3% in the fourth quarter. Permit Capital LLC now owns 388,062 shares of the company’s stock worth $4,059,000 after acquiring an additional 26,272 shares in the last quarter. Wittenberg Investment Management Inc. grew its stake in shares of QVC Group by 41.0% during the fourth quarter. Wittenberg Investment Management Inc. now owns 114,193 shares of the company’s stock worth $1,194,000 after acquiring an additional 33,231 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of QVC Group by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 90,206 shares of the company’s stock worth $944,000 after acquiring an additional 1,940 shares during the last quarter. Institutional investors and hedge funds own 64.10% of the company’s stock.

About QVC Group

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.