Qurate Retail (NASDAQ:QRTEB) Hits New 12-Month Low – Should You Sell?

Qurate Retail, Inc. (NASDAQ:QRTEB)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $2.06 and last traded at $2.26, with a volume of 253 shares traded. The stock had previously closed at $2.12.

Qurate Retail Stock Up 6.6 %

The firm has a 50 day moving average of $2.72 and a two-hundred day moving average of $3.34. The stock has a market capitalization of $897.11 million, a PE ratio of -3.18 and a beta of 1.30. The company has a current ratio of 1.22, a quick ratio of 0.73 and a debt-to-equity ratio of 8.74.

Qurate Retail (NASDAQ:QRTEB) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.06) earnings per share for the quarter. Qurate Retail had a positive return on equity of 23.22% and a negative net margin of 2.71%. The business had revenue of $2.34 billion for the quarter.

Institutional Trading of Qurate Retail

An institutional investor recently bought a new position in Qurate Retail stock. SG Americas Securities LLC acquired a new position in Qurate Retail, Inc. (NASDAQ:QRTEB) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 10,447 shares of the company’s stock, valued at approximately $45,000. Institutional investors own 2.25% of the company’s stock.

About Qurate Retail

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.