Qurate Retail (NASDAQ:QRTEB) Sets New 52-Week Low – Should You Sell?

Qurate Retail, Inc. (NASDAQ:QRTEB)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $2.80 and last traded at $2.80, with a volume of 1168 shares. The stock had previously closed at $3.02.

Qurate Retail Price Performance

The business’s 50 day moving average is $3.61 and its 200 day moving average is $3.84. The company has a current ratio of 1.22, a quick ratio of 0.73 and a debt-to-equity ratio of 8.74.

Institutional Trading of Qurate Retail

A hedge fund recently bought a new stake in Qurate Retail stock. SG Americas Securities LLC acquired a new position in shares of Qurate Retail, Inc. (NASDAQ:QRTEB) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 10,447 shares of the company’s stock, valued at approximately $45,000. Hedge funds and other institutional investors own 2.25% 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.