Qurate Retail (NASDAQ:QRTEB) Shares Gap Up to $4.11

Qurate Retail, Inc. (NASDAQ:QRTEB)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $4.11, but opened at $4.57. Qurate Retail shares last traded at $4.10, with a volume of 842 shares changing hands.

Qurate Retail Stock Performance

The stock’s 50-day simple moving average is $4.40 and its 200 day simple moving average is $5.79. The company has a debt-to-equity ratio of 9.61, a quick ratio of 1.01 and a current ratio of 1.41. The company has a market capitalization of $1.63 billion, a PE ratio of -11.22 and a beta of 1.35.

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

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.