Qurate Retail (NASDAQ:QRTEA) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Qurate Retail (NASDAQ:QRTEA) in a report issued on Wednesday. The firm issued a hold rating on the stock.

Qurate Retail Stock Down 0.3 %

Shares of QRTEA opened at $0.36 on Wednesday. Qurate Retail has a 52 week low of $0.31 and a 52 week high of $1.80. The firm has a market cap of $142.43 million, a P/E ratio of -0.51 and a beta of 2.69. The firm’s 50-day simple moving average is $0.36 and its 200 day simple moving average is $0.47. The company has a debt-to-equity ratio of 8.74, a quick ratio of 0.73 and a current ratio of 1.22.

Institutional Trading of Qurate Retail

Institutional investors have recently bought and sold shares of the business. Parkwoods Wealth Partners LLC lifted its holdings in shares of Qurate Retail by 70.7% during the 4th quarter. Parkwoods Wealth Partners LLC now owns 90,480 shares of the company’s stock worth $30,000 after acquiring an additional 37,488 shares during the period. Virtu Financial LLC lifted its holdings in shares of Qurate Retail by 76.6% during the 3rd quarter. Virtu Financial LLC now owns 91,779 shares of the company’s stock worth $56,000 after acquiring an additional 39,807 shares during the period. Prudential Financial Inc. bought a new stake in shares of Qurate Retail during the 4th quarter worth approximately $34,000. Victory Capital Management Inc. lifted its holdings in shares of Qurate Retail by 246.4% during the 3rd quarter. Victory Capital Management Inc. now owns 161,293 shares of the company’s stock worth $98,000 after acquiring an additional 114,736 shares during the period. Finally, Kovitz Investment Group Partners LLC bought a new stake in shares of Qurate Retail during the 3rd quarter worth approximately $101,000. Institutional investors own 64.10% of the company’s stock.

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.