Qurate Retail (NASDAQ:QRTEB) Sees Unusually-High Trading Volume

Qurate Retail, Inc. (NASDAQ:QRTEBGet Free Report) saw an uptick in trading volume on Friday . 20,343 shares changed hands during trading, an increase of 432% from the previous session’s volume of 3,827 shares.The stock last traded at $6.11 and had previously closed at $4.75.

Qurate Retail Trading Up 26.7 %

The company has a debt-to-equity ratio of 6.98, a current ratio of 1.42 and a quick ratio of 0.92. The company has a market cap of $2.34 billion, a PE ratio of 30.10 and a beta of 1.32. The company’s 50 day simple moving average is $6.19 and its two-hundred day simple moving average is $6.79.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in Qurate Retail in the second quarter valued at approximately $158,000. Geode Capital Management LLC raised its holdings in Qurate Retail by 4.6% during the fourth quarter. Geode Capital Management LLC now owns 88,945 shares of the company’s stock worth $450,000 after purchasing an additional 3,890 shares in the last quarter. Finally, Tower Research Capital LLC TRC acquired a new stake in Qurate Retail during the third quarter worth approximately $39,000. Hedge funds and other institutional investors own 2.28% of the company’s stock.

Qurate Retail Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Qurate Retail Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qurate Retail and related companies with MarketBeat.com's FREE daily email newsletter.