Qurate Retail (NASDAQ:QRTEB) Share Price Down 10.3%

Shares of Qurate Retail, Inc. (NASDAQ: QRTEB – Get Rating) fell 10.3% on Monday. The stock traded as low as $5.81 and last traded at $5.81. About 2,434 shares changed hands during the midday session, down 98% from the average daily volume of 117,009 shares. The stock previously closed at $6.48.

Qurate Retail Stock Down 3.5%

The company has a 50-day simple moving average of $4.39 and a two-hundred-day simple moving average of $5.51. The company has a market capitalization of $2.08 billion, a PE ratio of 18.79 and a beta of 1.82. The company has a current ratio of 0.97, a quick ratio of 0.56 and a debt ratio of 1.73.

Qurate Retail (NASDAQ:QRTEB – Get Rating) last announced its results on Friday, May 6. The company reported earnings per share of $0.15 for the quarter. Qurate Retail achieved a return on equity of 15.84% and a net margin of 0.99%. The company posted revenue of $2.88 billion for the quarter.

Qurate Retail Institutional Trading

An institutional investor recently bought a new position in Qurate Retail stock. HighTower Advisors LLC acquired a new stake in Qurate Retail, Inc. (NASDAQ: QRTEB – Get Rating) in Q4, according to its most recent Form 13F filing with the SEC. The company bought 18,700 shares of the company, valued at around $142,000. Institutional investors and hedge funds hold 2.49% of the company’s shares.

Company Profile Qurate Retail

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Qurate Retail, Inc, together with its subsidiaries, is active in the video and e-commerce sectors in North America, Europe and Asia. The Company markets and sells various consumer products primarily through merchandise-oriented teleshopping, the Internet and mobile applications. It also operates as an online retailer offering clothing for women, children and men; and other products, such as home, accessories and beauty products through its apps, mobile and desktop.

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