QVC Group Inc Series A (NASDAQ:QVCGA) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of QVC Group Inc Series A (NASDAQ:QVCGA) in a research note released on Tuesday morning. The brokerage issued a hold rating on the stock.

QVC Group Inc Series A Trading Down 4.5 %

NASDAQ QVCGA opened at $0.15 on Tuesday. QVC Group Inc Series A has a one year low of $0.13 and a one year high of $1.06. The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.73. The business has a 50 day simple moving average of $0.35 and a 200 day simple moving average of $0.46. The stock has a market capitalization of $61.58 million, a P/E ratio of -0.22 and a beta of 3.11.

Institutional Investors Weigh In On QVC Group Inc Series A

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Hestia Capital Management LLC acquired a new position in shares of QVC Group Inc Series A during the fourth quarter worth approximately $713,000. Geode Capital Management LLC raised its holdings in QVC Group Inc Series A by 4.6% during the third quarter. Geode Capital Management LLC now owns 3,824,936 shares of the company’s stock worth $2,334,000 after buying an additional 168,109 shares during the last quarter. MassMutual Private Wealth & Trust FSB bought a new position in shares of QVC Group Inc Series A in the fourth quarter valued at $156,000. Virtu Financial LLC grew its holdings in shares of QVC Group Inc Series A by 76.6% during the third quarter. Virtu Financial LLC now owns 91,779 shares of the company’s stock valued at $56,000 after buying an additional 39,807 shares during the last quarter. Finally, Investment Management Associates Inc. ADV increased its position in shares of QVC Group Inc Series A by 12.1% during the fourth quarter. Investment Management Associates Inc. ADV now owns 2,380,271 shares of the company’s stock worth $785,000 after acquiring an additional 256,119 shares in the last quarter. 64.10% of the stock is owned by institutional investors.

About QVC Group Inc Series A

QVC Group, Inc engages in the business of video and online commerce industries. It operates through the following segments: QxH, QVC International and CBI. The QxH segment markets and sells a wide variety of consumer products in the U.S., primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications.