Qurate Retail (NASDAQ:QRTEB) Stock Price Up 3.8%

Qurate Retail, Inc. (NASDAQ:QRTEB) rose 3.8% during trading on Wednesday . The company traded as high as $4.15 and last traded at $4.15. Approximately 100 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 6,969 shares. The stock had previously closed at $4.00.

Qurate Retail Stock Performance

The company has a quick ratio of 1.01, a current ratio of 1.41 and a debt-to-equity ratio of 9.61. The business’s fifty day moving average is $4.94 and its 200 day moving average is $6.20.

Qurate Retail (NASDAQ:QRTEB) last released its earnings results on Wednesday, February 28th. The company reported $0.22 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 for the quarter.

Institutional Investors Weigh In On Qurate Retail

A number of large investors have recently made changes to their positions in QRTEB. BlackRock Inc. acquired a new stake in shares of Qurate Retail during the second quarter valued at approximately $158,000. Tower Research Capital LLC TRC acquired a new position in Qurate Retail in the 3rd quarter valued at approximately $39,000. Finally, Geode Capital Management LLC increased its stake in Qurate Retail by 4.6% in the 4th quarter. Geode Capital Management LLC now owns 88,945 shares of the company’s stock valued at $450,000 after buying an additional 3,890 shares during the period. Institutional investors and hedge funds 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.